Dubai launches digital case ‘Noqodi’ for government-based payments

Facebook
Twitter
LinkedIn
  • The digital case is already listed during a variety of national banks and monetary establishments, permitting numerous dirhams in transactions.
  • Dubai’s Department of Finance (DOF), unitedly with Smarter Dubai City and Emaratech, has launched a digital case to facilitate payment of the government’s service fees.
  • Noqodi, which implies ‘my money’ in Arabic, permits individual and company customers to firmly pay high-volume transactions reaching up to numerous dirhams for various government and non-government fees below digital platform metropolis Pay.
  • It is aimed toward getting ready government entities to prevent accept digital cheque and bank transfers.

The digital case is listed in a variety of national banks as well as monetary establishments, permitting customers to feed it with credit from their bank accounts.

The banks embrace Mashreq Bank, Emirates NBD, Emirates Islamic Bank, Dubai Islamic Bank, Commercial Bank of Dubai and Abu Dhabi Commercial Bank, with a lot of monetary entities expected to be additional, consistent with Jamal Hamed Al Marri, Executive Director and provisional decision maker of Central Accounts Sector at DOF.

Credit may also be added to the case through a variety of exchanges like Al Ansari.

Noqodi’s alternative options embrace the availability of integrated solutions for payment assortment, cashback, settlements, and many more to be unleashed in due course of time.

It is certified with PCI DSS, one amongst the world’s highest certificates of cybersecurity standards that ensures full protection for customers’ Wallet knowledge.

Share.

RELATED POSTS

Build Digital Accounting with Open Banking (Image Courtesy: Lean Technologies Official website)
Lean Technologies secures Open Banking license in Saudi Arabia
The signing ceremony was held under the auspices of H.E. Ahmed Jaafar Al Musalmi, Governor of the Central Bank of Oman. Image Courtesy: Alizz Islamic
Alizz Islamic Bank partners with SMEs Development Authority
The Ministry of Industry and Advanced Technology (MoIAT) today unlocked AED 18 billion in competitive financing for the industrial sector to help manufacturers scale their production. Image courtesy: MoIAT
MoIAT unlocks AED 18 billion to finance industrial sector

LATEST POSTS

MENA Dams Conference Banner
VERS Commercial Arena in New Cairo. Image Courtesy: Wealth Plus Developments
From L To R- Sharon Nishi, Rohan Fernandes, Mohammed Al-Fayyad. Image Courtesy-General Motors
Nokia launches AI networking lab. Image Courtesy: Nokia