UAE’s du unveils its digital financial solution ‘du Pay’
- Date: 22-Apr-2024
- Source: GCC Business News
- Sector:Technology
- Country:UAE
UAE’s du unveils its digital financial solution ‘du Pay’
Du, from Emirates Integrated Telecommunications Company (EITC), has unveiled du Pay, marking a significant milestone in the UAE’s transition toward a cashless economy and aligning seamlessly with the national agenda for digitalization. The innovative digital financial solution is poised to play a pivotal role in enhancing financial inclusion, accessibility and security. Licensed by the Central […]du, from Emirates Integrated Telecommunications Company (EITC), has unveiled du Pay, marking a significant milestone in the UAE’s transition toward a cashless economy and aligning seamlessly with the national agenda for digitalization.
The innovative digital financial solution is poised to play a pivotal role in enhancing financial inclusion, accessibility and security.
Licensed by the Central Bank of the UAE (CBUAE), du Pay is on a mission to simplify digital financial services for everyone, everywhere in the UAE. du Pay offers a diverse suite of digital financial services and payment services, from international money transfers and peer-to-peer (P2P) Transfers to mobile top-ups and bill payments.
Additionally, it supports salary deposits through an IBAN, serving as a versatile account for users. With features available in six languages – Arabic, English, Hindi, Bangla, Malayalam, and Tamil, du Pay ensures inclusion for its varied user base.
Fahad Al HassawiCEO – du
“du Pay underlines