Business
AlfaNow Partners with Al Fardan Exchange to Strengthen Cross-Border Payments in the UAE
In a move aimed at enhancing cross-border payment capabilities, AlfaNow has partnered with Al Fardan Exchange, marking its first strategic collaboration in the UAE.
The agreement enables customers to access AlfaNow’s international money transfer services across 92+ branches of Al Fardan Exchange nationwide. Through the partnership, users can send money to more than 125 countries, supported by AlfaNow’s global network of 4,300+ banks, 160,000+ payout locations, and over 1.5 billion mobile wallets.
The collaboration reflects a broader push to deliver faster, more secure, and accessible remittance solutions in one of the world’s most active cross-border payment corridors. The UAE’s diverse, globally connected population continues to drive demand for seamless international money transfers.
Hasan Jaber, Chief Executive Officer at AlfaNow, said the partnership strengthens global connectivity for customers and businesses. He highlighted that combining AlfaNow’s infrastructure with Al Fardan Exchange’s trusted local presence would help deliver a more reliable and efficient payment experience.
Meanwhile, Hasan Fardan Al Fardan, Chief Executive Officer of Al Fardan Exchange, emphasised the company’s long-standing commitment to customer-centric innovation. He noted that the partnership enhances its ability to provide globally connected financial solutions while maintaining strong local trust and accessibility.
By integrating AlfaNow’s global ecosystem with Al Fardan Exchange’s established footprint in the UAE, the partnership is expected to improve customer convenience, transaction speed, and service reliability across key remittance corridors.
Looking ahead, AlfaNow plans to expand its presence further through additional partnerships across the GCC and international markets, reinforcing its ambition to become a leading platform for cross-border payments.
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