MoF completes phase one of the e-Dirham system transformation – ZAWYA

MoF completes phase one of the e-Dirham system transformation – ZAWYA

MoF completes phase one of the e-Dirham system transformation | ZAWYA MENA Edition HomeBusinessTechnologyArticleMoF completes phase one of the e-Dirham system transformation The first phase of the transformation of the e-Dirham system included the Ministry of Economy, the Ministry of Energy and Industry, and several national banks    DUBAI - The Ministry of Finance, MoF, announced the completion of phase one of the transformation of the e-Dirham system, in cooperation with relevant ministries and national banks across the UAE.The move reiterates MoF's efforts to bolster e-Dirham in accordance with the highest international standards for Fintech and digital payments for government services fees. The e-Dirham system provides multiple banking services to issue bank cards and digital payment and acquisition solutions for clearing and financial settlements.The first phase of the transformation of the e-Dirham system included the Ministry of Economy, the Ministry of Energy and Industry, and several national banks. Expansion is underway to include additional federal government entities and national banks.The move reiterates MoF's efforts to bolster e-Dirham in accordance with the highest international standards for Fintech and digital payments for government services fees. The e-Dirham system provides multiple banking services to issue bank cards and digital payment and acquisition solutions