The unemployment insurance scheme announced by the UAE government is effective from 1st January 2023. The scheme is introduced to offer social security during unemployment and enhance the competitiveness of unemployed people. Already 250,000 people applied to the scheme by 12th Jan 2023
The digital payments market in the MENA region is expected to reach $9 billion by 2028 (124% up from 2021). Although the UAE population still relies on cash and credit cards for payments, the new generation and the millennials have already started exploring emerging digital payment methods.
As more than half of the UAE consumers are set to use cashless payments by 2024, virtual cards have become an emerging trend among the residents. Virtual cards have become one of the region’s most popular digital payment methods, as they offer flexibility, simplified payments, speed, and security.
Online money lending in the UAE is not new nowadays when you can instantly get small loans in one hour or less. Online money lending services come to your rescue when you need money, be it for financial emergencies or for meeting personal needs
We live in an era where everything – from renting a car to receiving cash – is just a click away. Digitization has emerged as a complete transformation for any industry – be it financial or agricultural.
While the Qatar World Cup 2022 has come to its end, football fan zones are also being flooded with football fans daily. Football matches now are catching attention across the globe as it is nearing its final game on the 18th of December, 2022.
While it is crucial to incentivize and reward your employees for their excellent work, they also require urgent cash, sometimes in financial emergencies.
Unfortunately, most large organizations have lengthy procedures to follow while applying for instant cash requirements.
As per the survey conducted by Visa, 82% of small and medium business owners responded to using more digital payment options, including mobile wallets, to offer their customers simple and secure payment methods.
In fact, nearly 60% of these small business owners replied they would only use digital wallets to accept payments. However, this shift in trends has primarily occurred among large businesses that have the means to provide customers with various payment options.
So, let’s dive deep into what mobile wallets are and how they help you grow your small business.
As the FIFA world cup 2022 is getting more exciting, UAE experiences a heavy crowd day by day at the fan zones to watch the matches live. The fan zones are areas away from the stadium where live telecasts of the matches are arranged for the fans who did not buy tickets to watch the game.
The launch of the Digital School marked a progressive move by Dubai’s government. While the education system is transforming toward providing digital education, the school fee collection system also requires innovative solutions for cashless solutions.