Gov't revenues hit AED 22bn on e-Dirham since 2011

 

Abu Dhabi – Mubasher: The UAE's Ministry of Finance (MoF) announced that the total collection by the Federal government has reached AED 22 billion under the G2 services of e-Dirham since its launch in 2011.

The e-Dirham has delivered more than 130 million e-service transactions and achieved 20% growth in services and revenue in the past 12 months, a statement revealed, adding that based on the AC Nielsen survey, customer satisfaction ranged between 85%-92%.

The e-Dirham is the national e-payment system initiated by the UAE's MoF in collaboration with the National Bank of Abu Dhabi (NBAD).

It was recently conferred with the Special Merit Award for Government to Business and Customer (G2BC) Engagement at the Armani Hotel, Burj Khalifa, Dubai. The award was given by Terrapin Middle East, the organiser of the 17th annual Cards and Payments Middle East.

"The award confirms the significant success of e-Dirham, the smart substitute of cash, in leading the payments industry in its quest to achieve a cashless economy in line with the UAE leadership’s vision," the statement added. 

Moreover, a tie-up with the Emirates National Oil Company (ENOC) allows anyone buying fuel and daily provisions to pay through the e-Dirham e-wallet, without using any cash or card. The facility is available at 112 ENOC and EPPCO service stations, and all Zoom retail stores in the UAE.

Saeed Rashid Al Yateem, assistant undersecretary of resources and budget sector at the MoF, commented that: “The e-Dirham system is the national substitute of cash, representing a pioneer government initiative in the field of smart payments. It supports all cashless payment and collection, including payment platforms through internet and mobile phones to realise the goals of shifting to electronic and smart government services.”

Mubasher Contribution Time: 11-Jun-2016 09:49 (GMT)
Mubasher Last Update Time: 11-Jun-2016 09:49 (GMT)