Residents and citizens of the United Arab Emirates (UAE) can now use a paperless direct debit marketplace. The UAE Central Bank has approved the launch of the marketplace developed by Direct Debit System, enabling payers and merchants to use it to make recurring monthly payments...
October 17, 2023
The Central Bank of the United Arab Emirates (CBUAE) has introduced Aani, an instant payments platform. Developed by Al Etihad Payments (AEP), a subsidiary of CBUAE, Aani is a key initiative under the CBUAE’s Financial Infrastructure Transformation (FIT) program, according to a Sunday (Oct. 16) press release. This platform is designed to provide seamless, secure and […]
March 17, 2023
Residents and citizens of the United Arab Emirates (UAE) can now use a paperless direct debit marketplace. The UAE Central Bank has approved the launch of the marketplace developed by...
