Etisalat and Noor Bank launch mobile wallet platform in the UAE
eWallet will help UAE residents and citizens make safer money transfers from the comfort of their own home, allowing people to practice more efficient social distancing by staying at home and making digital transfers remotely
Etisalat and Noor Bank have announced the launch of eWallet – an international remittance service that will allow financial transactions between individuals in the UAE and 200 countries around the world.
Digital Financial Services, a joint venture between telecoms giant, Etisalat and Noor Bank, today confirmed that eWallet customers will be able transfer money to relatives abroad in real time without the need to visit a branch or go outside during the Covid 19 pandemic.
Users can make money transfers to over 350,000 around the world including to banks, over the counter agents and international mobile wallet operators in over 200 countries and territories worldwide. The offer is for a limited period only.
“eWallet continues to be an innovative solution that uplifts the way UAE residents conduct financial transactions today. We understand that in light of the current global situation, people are increasingly choosing to send money digitally from the comfort and safety of their homes. As people work to support their family and loved ones across the globe, we aim to enable them to safely and instantly remit money to over 200 countries and territories worldwide,” said Ahmed Al Awadi, chairman of eWallet.
eWallet is licensed and regulated by the Central Bank of the UAE, and will help UAE residents with safe, convenient and flexible payment solutions through an easy-to-use mobile app.
The use of eWallet is not contingent upon having a bank account, unlike other mobile wallet services. Customers require only a valid Emirates ID and a working UAE mobile number to register for eWallet account.