Tag: Financial Literacy

5 Common Mistakes Most Parents Make While Making Financial Decisions

We all make mistakes and learn from them, but money mistakes are too costly that you must avoid them. Financial decisions need patience and a lot of your time to think about whether a decision is good for you and for your kids.

Pay School Fees Online Via Payit & Get a Chance to Win PlayStation 5

As the school vacation will be over by this month-end, mums and dads of the UAE will be seen rolling up their sleeves to be prepared for another academic year for their children.

How is Metaverse Redefining the Future of Digital Payments in the UAE?

Index Just as technology plays an essential role in the virtual world, payments are another crucial part. While it is paramount to offer a seamless user experience through the metaverse, virtual assets will have to be transferred using virtual currency. But are we future-ready to experience the metaverse with digital currency? Which digital payment methods

Digital Currency in the UAE: Way to Becoming a Global Cryptocurrency Hub

Index The United Arab Emirates (UAE) is the third largest crypto market in the world as per Chainalysis in October 2021. While the Middle East makes 7% of the global trading volume for cryptocurrency markets, UAE, among all, runs an extra mile toward becoming a global digital asset hub.  But, what is so special about

Digital Payment Methods Enabling Financial Inclusion for the Unbanked in the UAE

Around 1.7 million people (32% of the total population) in the UAE are unbanked, earning approximately AED 2,494 per month (~ $679) as per the data released by the UAE Federal Competitiveness and Statistics Authority.

How You Can Get Paid as a Freelancer in UAE without a Bank Account?

While you become your boss when you work as a freelancer in the UAE, you also may deal with some problems, and the most common problem related to freelancing is getting paid on time. You send an invoice to the client and then chase the client for the payment, and after many reminders, you finally receive the money in your bank account.

Ratibi Salary Card: What is It, How to Use, Benefits, and More

The United Arab Emirates is the second-largest country in the world for remittances which means a large population of the country sends money internationally across countries. However, the majority of the workers in the UAE do not even have a bank account.

Digitization in Education: What are the Key Trends In The UAE?

While digitization is happening across most sectors such as banking, telecommunications, health, etc., educational institutes and schools are also not behind the race. The concept of homeschooling and smart learning are emerging as we see new transformations in the academic industry.

Consumption Assessment Tool by DEWA – How to Use?

“I received a text message from DEWA that alerted us that our water consumption is 70% higher than our regular use. Upon investigating, my husband found that one of the bathrooms had a leakage that we generally would not have been able to find out.”

The Future of Digital Payments In UAE – 5 Key Trends of 2022

One of the major drivers for the United Arab Emirates (UAE) consumers to turn more digital about payments is the global pandemic. People started adopting digital ways (e-wallets, payment links, etc.) to make payments and money transfers.