Tranglo Partners With Al Ansari Exchange to Solve UAE Cross-Border Payment

• Tranglo and Al Ansari Exchange join forces to enhance UAE cross-border payments
• The partnership comes at a time of double-digit growth in remittances from the UAE.
• Tranglo Connect provides direct API access for secure and reliable cross-border transactions.

Tranglo, a cross-border payment hub, has partnered with Al Ansari Exchange, the largest outward personal remittance and foreign exchange company in the United Arab Emirates (UAE). The collaboration aims to enhance the cross-border payment experience and transform the remittance landscape in the UAE, presenting a significant milestone in Tranglo’s Middle East expansion program.

The partnership comes at a time when remittances from the UAE have experienced double-digit growth in 2022. Furthermore, it is predicted to continue to rise, with 66% of residents in the Gulf country sending more money back to support their families.

Jacky Lee, CEO of Tranglo Group, expressed excitement about the collaboration, emphasizing his confidence that the partnership will improve cross-border payments in the UAE and the wider GCC region. “Supercharge your growth via our technology, infrastructure and Ripple’s decentr…

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