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Al Fardan Exchange in deal with Empay for remittance services
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Envisioning a cashless economy through Empay payment app
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UAE transfer and payments: in sync with consumers
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Dubai Economy Signs MoU With Empay To Accelerate Cashless Licensing Transactions #Dubai
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Dubai Economy signs MoU with Empay reporters@khaleejtimes.com Filed on December 23, 2020
Empay was launched as part of the efforts of Dubai Economy to enhance the cashless payments ecosystem in the country
Dubai Economy has signed a memorandum of understanding with the Emirates Payment Services to enable payments relating to commercial licences through the Empay smart application, the world’s first contactless instant credit lifestyle payment ecosystem.
The agreement will enable customers of Dubai Economy to have an instant credit facility and complete licensing transactions within five minutes. Users registering on Empay can have their Emirates ID scanned on the app, following which a digital card with an instant credit balance will be generated in two minutes. The digital card, which is powered by Mastercard, will enable users to complete payments in a smooth, fast, smart, and secure manner. Empay can be downloaded from Google Play Store and App Store.