Abu Dhabi Islamic Bank Partners With UAE’s Ministry of Finance for eDirham Cards

  • Date: 23-Sep-2020
  • Source: Fintech News Middle East
  • Sector:Financial Services
  • Country:UAE
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Abu Dhabi Islamic Bank Partners With UAE’s Ministry of Finance for eDirham Cards

Abu Dhabi Islamic Bank (ADIB) announced that it had partnered with UAE's Ministry of Finance (MoF) to offer a range of third-generation eDirham cards for cashless payment services.

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 lower costs and the possibility of paying service fees through different payment channels, which include eDirham's apps for phones, e-wallets, vouchers, and self-service eKiosks.

The ADIB eDirham Gold and ADIB eDirham Signature cards represent the third generation of the eDirham cashless payment service.

Working in collaboration with the MoF, the ADIB eDirham cards is said to be a smarter way to reduce transaction fees. The contactless cards are Chip and Pin enabled to offer easy and secure payments and