Dubai: DubaiPay, an online payment portal via smartphones, registered a 15 per cent increase collected over a one-year period from June 2016 to this June.
Over the same period, the number of transactions carried out recorded a surge of 13 per cent.
A total of 10 million transactions between the corporate and individual users generated Dh12 billion.
“We partnered government and private entities to introduce the DubaiPay portal and add a distinctive experience that makes customers happy, enabling them to pay the fees for all their daily services,” Aisha Bint Butti Bin Bishr, director-general of Smart Dubai Office. Smart Dubai runs the DubaiPay portal.
“Dubai is a very ambitious city that aspires to be number one in whatever it does — be it in business, lifestyle, or innovation and creativity,” she added.
Smart Dubai’s partner, the Department of Finance (DoF) for the Government of Dubai, is playing a vital role in enhancing the revenues collected through DubaiPay.
“By offering competitive prices and flexible money transfer service that meet the service providers’ needs, the governmental platform can be more appealing to them,” said Jamal Hamed Al Merri, an official from the Department of Finance.
“The DoF plays a significant role in increasing confidence in the DubaiPay portal which now offers more payment options, including debit cards, e-Dirham, and others,” added Al Merri.