eDirham card by Ministry of Finance, UAE is an online cashless system which allows user to make transactions of government-related services conveniently. The card is integrated with many other UAE-based services and Money exchangers. Recently Commercial Bank of Dubai has partnered with Al Fardan Exchange to issue and top eDirham card. Al Fardan is widely used for shopping online, POS, and managing funds. The issuance of eDirham card by them make it easier for existing users to use it for online payments.
The card is UAE’s Most Secured Payment system guaranteed by the Ministry of Finance, UAE. The secure cashless platform has its own Wallet, from where users can get access to all the funds and balance also can see their statements. Integration with Al Fardan exchange empowers the user to flexibly top-up or issue eDirham card from any Al Fardan Exchange Branch in UAE.
To get a new eDirham Hala card visit any Al Fardan Exchange Center in UAE there are more than 66 branches of Al Fardan across the UAE. This initiative will enable seamless, cashless transactions between consumers and businesses.
Saeed Rashid Al Yateem, Assistant Under Secretary of Resource and Budget Sector at the Ministry of Finance said: “The Ministry of Finance is interested to fortify partnership between the general public and private organizations to help the change of the Fintech economy and improve the nature of services gave to consumers and organizations. The eDirham framework, which depends on the most recent worldwide innovations for cashless system, is one of the service’s most conspicuous accomplishments, where it gives a keen, simple and secure approach to consistently pay the government and non-legislative assistance charges.
The MOF is keen to develop an advanced infrastructure for an integrated digital payment system. Moving towards the future adding FinTech technologies and Applications. These initiatives encourage consumers and general public to adopt digital solutions for their needs.
Talking on the event, Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said: “We are charmed to collaborate with Al Fardan Exchange, one of the main trade houses in the UAE, to give an advantageous and simple path for clients to get and top-up the new eDirham card. We are continually running after supporting the public authority activities and giving more noteworthy comfort and admittance to our clients, by presenting new channel accomplices who help us in satisfying the developing requirements of our clients”.
Osama Al Rahma, CEO of Al Fardan Exchange LLC and Hasan Al Fardan, CEO of Al Fardan Group, expressed: “This goes in accordance with our computerized change technique just as the activities from the Government of the UAE to go credit only and advance advanced installments. We invest wholeheartedly to be important for this association supported by the Ministry of Finance in the UAE in dispatching the primary form of the new eDirham cards as a team with CBD. At Al Fardan Exchange LLC, we generally pay special mind to better approaches to work together with our accomplices and become an all-inclusive resource to offer different creative monetary items and administrations. Nothing energizes us more than growing new installment items and organizations like that with CBD to advance computerized installments.”
Source: Emirates News Agency