A Smart Future Made Possible with Al Fardan Exchange L.L.C Launching its New App, AlfaPay


Dubai, UAE:  Al Fardan Exchange L.L.C, the leading money transfer and currency exchange firm which is licensed and regulated by the Central Bank of the United Arab Emirates (UAE), has announced the launch its new user-friendly app, AlfaPay, yesterday. The launch took place at Raffles The Palm Dubai and was attended by several members of the Al Fardan family, board members, and employees and accompanied with various esteemed guests as well.

AlfaPay, an innovative and secure mobile app, can be used to send money, pay bills and much more. With easy login access, registered Al Fardan Exchange customers can use their UAE Pass, Emirates Face Recognition or their mobile number and experience instant and secure money transfers to beneficiaries in several countries. The service comes with the option of cash pick-up, and instant credit to your account as well as E-wallets across the globe. AlfaPay offers competitive FX rates and a low transfer fee for remittances. Additionally, the app offers users a simple step-by-step process to verify their KYC profile without visiting a physical location.

Customers can also use the app to pay their bills for national and international utility payments and allows WPS customers to access their PayEZ account. AlfaPay accepts Visa and Mastercard in the form of both debit and credit cards and provides secure online banking access when making payments. These can also be done physically at any Al Fardan Exchange Branch. The AlfaPay app will keep evolving as more features will be added along the way.

Hasan Fardan Al Fardan, CEO of Al Fardan Exchange L.L.C., said: “It is with great pleasure that we are announcing the launch of our app AlfaPay. At Al Fardan Exchange, we have always kept the customer as our primary focus and so it is important to us to constantly develop and enhance their user experience. AlfaPay is a service we have been wishing to extend to our users, and through the sheer efforts of our team, we are able to launch this app successfully to the multitude of our customers and across various countries.”

Hasan Jaber, Deputy CEO of Al Fardan Exchange L.L.C., added: “By offering an easy and user-friendly app that is available no matter where users may be, AlfaPay will now make it even more convenient to send money and make payments, with access right at your fingertips.”

About Al Fardan Exchange

Al Fardan Exchange is a member of the Al Fardan Group, which has roots stretching back to 1954. Emerging from a seafaring and pearl trading tradition to a commercial trade, the Al Fardan name is built on a solid bedrock of security and reliability. Leveraging on the Group’s diversified business interests and successful operations in real estate, high-end jewellery and financial services, Al Fardan Exchange holds global reach with trust and credibility as its main ethics.

Established in 1971, Al Fardan Exchange has had the unique opportunity of playing a part in supporting communities who have helped build this nation, by helping them bring life to their own dreams – both here and in their home countries. Today, we are incredibly proud to serve the UAE’s cosmopolitan community through our 80+ strong network, spanning across all Emirates. Reinforced by strong relationships with over 150 global corresponding banks, financial institutions, and other financial service providers, we offer secure transactions that firmly place reliability and trust in the forefront.