"Ras Al Khaimah National" cooperates with "Al Maliah" to provide the third generation of it

A partnership between «Dubai Trade» and «Al Fardan» to issue an e-dirham

Commercial Bank of Dubai announced that it has entered into a strategic partnership with Al Fardan Exchange Company, to be a partner of the bank in issuing and filling in the new e-dirham cards.

A statement issued yesterday stated that the e-dirham card is a smart payment method that enables users to pay fees for a wide range of services in many ministries and government institutions, at a time when the new cards provide a high level of comfort, safety and flexibility, as it will enable users to create a digital wallet. And inquire about their card balances, and review their transaction data.

The CEO of Commercial Bank of Dubai, Dr. Bernd Van Linder, said: “We are pleased to cooperate with (Al-Fardan Exchange) to provide a convenient and easy way for customers to obtain and fill out the new e-dirham card,” stressing that we work continuously to support government digital initiatives and provide the greatest convenience for customers. .

“This agreement is in line with the group’s strategy for digital transformation, and it is also in line with the initiatives of the UAE government to launch non-cash electronic payment initiatives,” said Osama Al Rahma, CEO of Al Fardan Exchange, and Hassan Al Fardan, CEO of Al Fardan Group.

They added, "We are proud to be part of this partnership supported by the Ministry of Finance by providing third generation e-dirham cards, in cooperation with Commercial Bank of Dubai."

In the same context, RAKBANK announced its cooperation with the Ministry of Finance to provide the third generation of e-dirhams, which enables users to conduct transactions easily.

The Assistant Undersecretary for the Resources and Budget Sector at the Ministry of Finance, Saeed Rashid Al-Yateem, said, “The ministry is keen to continue cooperation with various banks and financial institutions, with the aim of expanding the spread, approval and development of the e-dirham system, to enable local and federal government agencies, and private sector institutions in the country to collect fees. Highly efficient and effective ».

For his part, Chief Executive Officer of the National Bank of Ras Al-Khaimah, Peter England, said, "The third generation of e-dirham is an innovation from the Ministry of Finance that aims to transform the cashless transactions market and contribute to a more technologically advanced society."

E-Dirham is a smart payment method for paying fees for a wide range of services.

The third generation of e-dirham, an innovation from the Ministry of Finance.

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