The alliance will provide increased access to its services across 21 branches of Emirates India International Exchange in UAE. Through this partnership, Xpress Money will offer its cash to cash, cash to card, cash to home, cash to mobile, direct account credit services to different parts of the globe.
"This collaboration with Emirates India International Exchange will give us the opportunity to leverage our services through their wide network. With UAE being the second largest country in the GCC and remittance outflows expected to grow exponentially, it is imperative that we strategically expand our presence in this market and partner with brands that complement our vision.
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We are happy to be associated with a renowned brand like Emirates India and look forward to a fruitful partnership," said Sudhesh Giriyan, vice president and business head, Xpress Money.
CEO of Emirates India International Exchange Ali Mohamed Shattaf, said that in the last three decades of its operations, his company has been adding value propositions with product innovations and strategic partnerships.
Xpress Money currently operates in over 150 countries in five continents.