Fintech & Ecommerce

Wirecard launched a multi-currency travel card

The fully digital solution supports 16 currencies

Wirecard launched a multi-currency travel card. Source: unsplash.com

Wirecard and Al Ansari Exchange, the leading UAE-based foreign exchange, are today announcing their collaboration. The companies have launched a newly upgraded multi-currency Visa Platinum card solution and accompanying mobile app.

The Al Ansari Exchange multi-currency Visa travel card is designed as the perfect companion for travelers as well as online shoppers. Payments can be made in 16 different currencies and exchange rates can be locked in before any trip.

The Al Ansari Exchange travel card allows its customers to withdraw local currency at over two million Visa ATMs worldwide, to make online purchases and to exchange foreign currencies within the currency card wallets. Customers can fully manage the card wallets via the mobile app, which includes security features allowing its customers to instantly lock the card if it is lost, stolen or simply unused, in addition to the convenience of checking the card balance and transaction history. The prepaid card can also be reloaded at any of Al Ansari Exchange’s extensive branch network across the UAE.

Wirecard’s unique advanced authorization algorithm allows customers to hold multiple wallets at any time, checking available funds against the requested currency, then automatically sweeping across all other card wallets to avoid unnecessary declines and double conversion to enhance its customer experience even further. Cardholders also benefit from multiple Visa Platinum features including a wide range of travel discounts and upgrades both locally and worldwide.

The mobile app is available for download on Android and iOS.

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