UAE - ADIB partners with Finance Ministry to offer eDirham cards
Wednesday, 09 16 2020, Category: Banking, Country: U.A.E
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, today announced it has partnered with the UAE’s Ministry of Finance (MoF) to offer the new range of eDirham cards.
eDirham cards offer a smart payment method accepted by more than 5,000 government services in ministries, federal and local authorities. The system offers many advantages, including low costs and the possibility of paying service fees through different payment channels, which include eDirham apps for phones, e-wallet, vouchers, and self-service eKiosks.
H.E. Saeed Rashid Al Yateem, Assistant Undersecretary of Resource and Budget Sector at the Ministry of Finance, commented: “The launch of the new eDirham cards will mark a major milestone in the development of the UAE’s cashless payment industry, and will meet the current and prospective requirements of government service fees payments. The eDirham platform is witnessing an ever-growing increase of customers as a result of the Ministry’s efforts to develop an advanced and secure digital infrastructure that manages daily transactions, and to provide a digital and physical network to enable customers to easily recharge their account. Through strategic partnerships with banks and finance institutions, we have developed an innovative card that enables the relevant ministries, entities and government-related authorities to collect their fees in a reliable and highly efficient manner.”