Introduces Multi-Currency cards with up to 8 regional currencies, including US Dollar
UAE, December 2022 – SimpliFi, the leading Cards as a Service (CaaS) platform in MENAP, empowers organizations to drive new revenue streams, manage costs and streamline business operations, with the introduction of Multi-Currency cards across the region.
With businesses moving to digital channels and borders increasingly becoming less relevant, the ability to pay and get paid globally in local currencies is becoming a necessity. By providing the ability to create and issue Multi-Currency cards, SimpliFi is supporting businesses create unique and relevant payment experiences to solve their pain points.
SimpliFi Multi-Currency lets businesses issue cards in multiple currencies to match their spend with in-depth insights into how their cash flow movement is being managed across currencies while reducing exchange losses and administrative costs.
Founder and CEO of SimpliFi, Ali Sattar says, “Cross-border spending is increasing rapidly and will continue to do so; this is an opportunity to accelerate access to efficient, reliable cross-border payments. Multi-Currency cards offer consumers, freelancers, and businesses better payment experiences by providing more choice, convenience, operational efficiencies, and savings. At SimpliFi, we aim to be the driving force that supports businesses to supplement their revenue streams, while having more control over foreign exchange costs. This truly is the future of payments.”
SimpliFi Multi-Currency offers businesses the opportunity to generate additional revenues through foreign exchange while reducing the complexities related to administration and operational costs. It also allows companies to boost their bottom line and benefit from unique payment experiences, and forecast spending in matching currencies.
SimpliFi offers single cards with Multi-Currency options, where the cardholder can move funds across various supported currency pockets, or multiple cards each with a single currency.
Key use cases include:
SimpliFi, the leading CaaS platform, currently offers 8 currencies with multi-currency cards available in the US Dollar (USD), UAE Dirham (AED), Saudi Riyal (SAR), Bahraini Dinar (BHD), Kuwaiti Dinar (KWD), Omani Rial (OMR), Qatari Riyal (QTR), Jordanian Dinar (JOD).
Gurugram, India – October 11, 2023: Samsung announced exciting offers
Bangalore, 10th October 2023: The Nokia G42 5G (16GB+256G
Bengaluru, October 10, 2023 IN-SPACe (Indian National Space Promotion and
New Delhi, October 3, India- Philips India announces an exciting co
One of the largest CPG Pitch Slams in India, offering participants a chance to win one year of free access to NIQ data, valued at $30,000!<
 (1)_1713611592.jpg)
Through this exciting initiative, the brand aims to emerge as the go-to purveyor of authentic Chinese in India
New D
Business / 29-04-2024
CSMIA's cargo operations thrive in FY 2024, driven by 10% rise in international volumesEducation / 29-04-2024
“69% Female Representation in MBA Analytics, Underscores the Evolving Landscape of Education – Sandeep Singh, Chairman BoG – IIM Kashipur”Business / 29-04-2024
NIQ Announces Inaugural ‘NIQ Founders Pitch Slam’ Competition for Emerging CPG Brands in Indiaeducation / 29-04-2024
IIT Kanpur is inviting applications for the 4th batch of eMasters degree program in Data Science and Business AnalyticsKerala / 29-04-2024
CII Digital Saksham Transforms Kerala's Entrepreneurial Landscape: Empowering Micro-Businesses for a Digital FuturePelikken © Copyright 2022, All Rights Reserved
