Al Dar For Exchange Works introduces Visa Direct service

Al Dar For Exchange Works introduces Visa Direct service

Al Dar For Exchange works, a leading Exchange house in Qatar has announced the launch of Visa Direct, a new remittance service in partnership with Visa, a world leader in digital payments. Visa Direct is a cross border fund transfer services that allows Al Dar customers to transfer funds to an overseas Visa Debit, Credit, or prepaid card via Al Dar Exchange Retail outlet, Web and Mobile Application across the country. Al Dar For Exchange Works is the first Exchange house in Qatar to launch the Visa Direct service.

Visa Direct is designed to simplify Al Dar Exchange customers’ remittance experience allowing them to enjoy near real-time fund transfers to friends and families overseas crediting the fund directly to the recipient’s Visa card. Customer will only need to enter the Visa card details of the beneficiary and make the transfer in a fast and secured manner. Convenience, Simplicity, Speed & Efficiency and Enhanced security are the main advantages of Visa Direct.

This Visa Direct service leverages Al Dar Exchange’s commitment for offering different remittance services to the customers as well as Visa’s extensive global reach to offer innovative approach in global payment convenience. Customer can send money across the world by using this new service. 

Jumah Mubarak Al-Maadhadi, CEO of Al Dar For Exchange Works said, “We are pleased to be partnering with one of the world’s leading digital payments companies to launch Visa Direct. This service is a great addition to Al Dar Exchange remittance proposition where customers will be able to send money instantly. Visa Direct will be available 24x7 through our Web and Mobile App and will not just revolutionize money transfer for sender but will also add convenience for the beneficiary as well”.

Dr. Sudheer Nair, Visa’s Country Manager for Qatar, said: “We are delighted to see Al Dar For Exchange Works be the first exchange house to launch Visa Direct in Qatar. Our partnership strives to bring digital-first solutions that meet Qatar consumers’ increasing expectations for seamless and secure payment and remittance experiences.  With Visa Direct, Al Dar For Exchange Works’ customers will have access to our billions of Visa cardholders worldwide and the backing of our trusted global network for fast, easy and secure transfers.” 

Al Dar For Exchange works has 22 branches in Qatar to better serve their customers and 85 reputed correspondent banks and agents worldwide. In order to expand their reach and provide better service to customers, Al Dar For Exchange provides online transfer through mobile application and website and has a direct arrangement with Ooredoo mobile money for serving all customers. They have substantial tie-ups with reputed banks around the world and are continuously putting efforts to expand their network. Al Dar For Exchange guarantees more value for money with the best exchange rates with the use of innovative and advanced technology and IT systems. They provide a highly trusted service and through advanced 128-bit encryption technology ensure that the money transfer is safe and secure.