Dubai, United Arab Emirates, November 29, 2020: The Emirates Payment Services L.L.C has announced the launch of Empay, the world’s first contactless instant credit lifestyle payment ecosystem. Empay, designed and developed within the UAE’s Smart Government program framework, is a payment application for secure and cashless transactions.
Empay is also the region’s first national contactless mobile payment app developed for the UAE residents from all walks of life. Empay provides multiple payment modes for people to use as per their convenience and lifestyle requirements. Empay encompasses services such as Dubai Economic Department License Renewal, all types of bill payments, food ordering, education fee payments, international remittance and P2P micro payments. In addition to this, Empay will provide instant credit facility to people, who need funds for making various payments without having to visit any bank.
Commenting on the launch of Empay, Mr. Ali Ibrahim, Deputy Director General of Dubai Economy, and Chairman & Managing Director of Empay, said, “The launch of Empay comes within the framework of Dubai Economic Department’s strategy by supporting the transition to a digital economy for all business sectors, especially in developing financial transactions through contactless payments that enhances productivity, reduces costs and saves time. The App is also considered as a service model for smart living”.
Ms. Muna Al Qassab, Chief Executive Officer at The Emirates Payment Services L.L.C, said, “We are delighted to launch Empay and join the movement to accelerate the delivery of digital services in the region. Empay unlocks an amazing future of cashless transactions serving as an innovative platform for all in this rapidly changing digital payment market. Empay aims to become the ultimate payment solution for all residents of the UAE. With this project, we put customer experience and satisfaction as our topmost priority. Owing to changing lifestyles, daily commerce, and rapid growth in online retailing, this trend is expected to continue during the forecast period in the region.”
“The objective of the application is to offer a single platform for residents to make their day-to-day payments without the need of having multiple apps on their mobile phones for different payment requirements. Empay brings seamless user experience that no other solution provider offers in the region. We understand this model of payment solution is not only the need of the hour but will lead the way for all things digital in the times to come,” she added.
Empay is developed as a go-to application to make secure, fast, smooth, and flexible payment from anywhere in the world. Even if the users are travelling, the multi-functional ecosystem guarantees convenience by simplifying transaction requirements.