UAE Central Bank To Launch eWallet In 2015

What's Next In Payments®
5:07 PM EDT January 30th, 2013

The Central Bank of the UAE has announced that it will be teaming with Emirates Indentity Authority to launch a eWallet service in 2015. This service will allow UAE residents to use their national ID cards to carry out payments online or at the point of sale. The Central Bank has predicted that 3% of transaction in the UAE will be perfomed through the eWallet in 2015.

Read the full story here.

Topics:
Comments
Also by This Author
What's Hot
B2B Payments
Global Trade Entity Nets Coveted Trade Finance Certification
B2B Payments
British Utility Firm Excited For New, Streamlined Payments Systems
B2B Payments
Food Company Chooses Tungsten For Better Payment Processing
B2B Payments
New Cross-Border Payment System Hits Thailand And Hong Kong
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
B2B Payments
Global Trade Entity Nets Coveted Trade Finance Certification
B2B Payments
British Utility Firm Excited For New, Streamlined Payments Systems
B2B Payments
Food Company Chooses Tungsten For Better Payment Processing
B2B Payments
New Cross-Border Payment System Hits Thailand And Hong Kong
View All Articles ››