Finance House announces strategic partnership with GCC Exchange

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Abu Dhabi, United Arab Emirates: Finance House, one of the leading financial institutions in the United Arab Emirates, has partnered with GCC Exchange, the fast-growing money transfer and foreign exchange company in the Emirates, to offer a solution world-class WPS payroll. This partnership is in line with the UAE government’s initiative to create a fair work environment that supports workers’ rights, protects their wages and helps attract the best talent.

This WPS payroll solution provided by Finance House offers corporate clients of GCC Exchange a state-of-the-art card management service through which companies can issue a secure and reliable payroll card to their employees which can be used for daily transactions, including cash withdrawals from any MasterCard-enabled ATM in the UAE and use at any POS terminal for purchases.

All cardholders can download the Finance House app for free and use it to access their transaction history, transfer money locally and internationally, and pay their bills. Additionally, a dedicated Finance House call center team is available for 24/7 support.

“Finance House’s strategic partnership with GCC Exchange reinforces our unwavering commitment to providing innovative and inclusive payment solutions that provide employees with a simplified and easy way to access and manage their salaries and wages,” said Mohammed Abdulla Alqubaisi, founder of Finance House.

On the other hand, Finance House has provided GCC Exchange with access to a user-friendly web portal so that they can credit their clients’ salaries online, on time and in no time!

GCC Exchange currently serves over 29,000 satisfied customers/businesses, with over 200,600 employees benefiting from its fast and efficient services. For a more dedicated customer experience, GCC Exchange also has a dedicated WPS contact person available to all employers.

Speaking about the partnership, Rajesh Himmatlal, Managing Director of GCC Exchange, said, “GCC Exchange is committed to providing our clients with convenient and secure payroll solutions. Our partnership with Finance House enables us to provide another financial inclusion solution for the benefit of our valued clients. We are delighted to partner with a leading financial services provider, as our customers can now collect their pay from any nearby MasterCard-enabled ATM, regardless of which bank operates it.

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About the finance house

Founded in March 2004, Finance House is an Abu Dhabi-based finance company that began operations in July 2004.

The principal activities of the Company are commercial and retail finance, financial services and investments. The company is licensed and regulated by the Central Bank of the United Arab Emirates. Major shareholders of Finance House include a number of prominent UAE businessmen, high net worth individuals and dignitaries.

Finance House is rated BBB- long term and A3 short term, both with a stable outlook by Capital Intelligence.

Media contact
For more information and interview requests, please contact:
Abhimanyu Gopalka
Acting Head of Marketing and Communications
Finance House
Email: [email protected]
www.fh.ae

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