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CASHLESS PAYMENTS UAE
UAE private companies must pay salaries on 1st of every month from June 1, 2026 or face legal actionUAE private companies must now pay employee salaries on the first of each month, effective June 1, 2026, as mandated by the Ministry of Hum...
UAE landlords can now check tenants’ credit scores before renting homes; here’s how the new system worksPrivate landlords in the UAE can now access tenant credit scores. This new system requires tenant consent through the UAE PASS digital iden...
Now UAE tourists can open digital bank a/c and get debit card to make cashless payments as UAE’s central bank rolls out new initiativeTourists in the UAE can now open digital bank accounts and get debit cards within minutes of arrival. This new biometric-based initiative, ...
Emirates National Bank of Dubai to facilitate faster local payments in UAE using Visa cards; Know how it helps youVisa card payments in the UAE are now faster. Visa has partnered with Emirates NBD for local processing of card transactions in UAE Dirhams...
No boarding pass required: Abu Dhabi airport allows entry for non travellers to shop, dineZayed International Airport is offering a unique eight-week opportunity for UAE citizens and residents to explore its terminal without a bo...
Indian travellers can now use UPI payments across QatarIndian travellers can now use UPI in Qatar. NPCI International and Qatar National Bank have partnered. This allows UPI payments at QNB merc...
India tops global fast payments with UPI processing 18 billion transactions monthlyAt the heart of this transformation is the Unified Payments Interface, better known as UPI. Launched in 2016 by the National Payments Corpo...
India tops global fast payments with UPI processing 18 billion transactions monthlyIndia now leads the world in fast digital payments. The Unified Payments Interface or UPI drives this change. UPI processes billions of tra...
NPCI scales up UPI adoption in UAE to strengthen digital tiesThrough sustained collaboration with the UAE-based partners, the company is committed to delivering seamless, secure digital-payment experi...
NPCI scales up UPI adoption in UAE to strengthen digital tiesNPCI International Payments Ltd (NIPL), the global arm of India's National Payments Corporation, is expanding Unified Payments Interface (U...
UPI achieves 15,547 crore transactions worth Rs 223 lakh crore from January to NovemberIndia's Unified Payments Interface (UPI) processed a staggering 15,547 crore transactions worth Rs 223 lakh crore between January and Novem...
Paytm UPI goes global; app users can make payments at select international locationsThe locations include popular popular spots for travelling like UAE, Singapore, France, Mauritius, Bhutan, and Nepal. "With the upcoming ho...
"I defy you to show me discrimination..." Jaishankar on minorities in IndiaOn India increasingly asserting itself on the international fora, Jaishankar said, "Nobody has done that in the world before...Now, when yo...
RBI mulls pilot project for its digital currency; Will CDBC create an enigma for stable coins?Wholesale CBDCs will impact the usage of fiat collateralized stablecoins used for business specific remittances and payment settlements," h...
WhatsApp close to meeting data localisation norms, payments service should be on in two months: NPCIMany think WhatsApp can help India emulate China's WeChat story, and help achieve the cashless payments objectives.
PM Modi launches RuPay card in UAEThe India-UAE bilateral trade touched almost USD 60 billion in 2018 with a fairly balanced profile of about USD 30 billion of exports and U...
First Abu Dhabi Bank ties up with ToneTag for sound based paymentsWith ToneTag, POS (Point of Sale) terminals of FAB’s clients are now capable of accepting sound-based proximity payments.
Standard Chartered, Uber in global tie-up to offer discounts to ridersIn India, Standard Chartered cardholders will get a 20 per cent cash-back on all Uber rides, subject to a cash-back cap of Rs 600 per month.
Zomato plans to expand presence to 40 countries by 2016Zomato is looking to expand its presence to around 40 countries by the end of 2016, as a part of its global growth plans.
- Falling rupee and booming remittance business in UAE
As the rupee tumbled, the remittance business peaked in the unofficial rupee remittance capital of the world, UAE. Two million Indians ther...