The payments company said growth was driven by the UAE’s resilient domestic consumer spending and a strong influx of tourists
The streamlining and automating of revenue collection will help government entities to better plan and forecast as well as focus on their core business and services
The eDirham system will be replaced with Magnati, the smart payment option from First Abu Dhabi Bank
The bank’s total income for the first nine months of the year stood at Dhs18bn, up 13 per cent year-on-year over the previous year
Users will be able to explore, pick up and purchase products across a mix of retail categories, including fashion, groceries, gaming and technology
Ajman Pay will accelerate the emirate’s shift toward a cashless economy and ensure that government entities benefit from digital payment solutions
The lender’s quarterly group net profit, equalling Dhs5.1bn, rose 107 per cent year-on-year from Dhs2.5bn recorded in Q1 2021
It will soon issue Careem cards that can be used at ATMs and merchants, and will also introduce international remittance solutions