Dubai: Dubai Government on Monday signed a partnership agreement with Mashreq Bank to collect payments made via Smart Dubai Portal. Under the agreement, Mashreq Bank is to become an acquirer of payments made with credit and debit cards issued by banks in or outside the UAE.
The signing of the trilateral agreement was attended by Abdul Rahman Saleh Al Saleh, Department of Finance (DOF) Director-General, and Abdul Aziz Al Ghurair, CEO of Mashreq Bank. The agreement was signed by Wessam Al Abbas Lootah, CEO, Dubai Smart Government; Jamal Hamed Al Marri, Executive Director of DOF’s Central Accounts Sector; and Pankaj Kundra, Head of Payments, Retail Banking Group at Mashreq Bank, in the presence of other officials from all three entities.
“We welcome Mashreq Bank to Dubai Government Establishment’s (SDG) smart Dubai portal as an acquirer. This is part of the close multifaceted cooperation between Dubai Government, represented by DOF and SDG, and banking and financial institutions,” said Al Saleh.
“The success of our smart government services is amplified by the excellence of our public- and private-sector partners. “We are confident that our partnership with the Smart Dubai Government establishment and the Department of Finance can ensure the growth of a smart portal that reinforces our leaders’ vision. We strongly believe that this collaboration between the private and public sector will ensure that the best possible service is delivered to customers across the UAE on the smartest payment platforms”, said Al Ghurair.
