Mbank and Al Etihad Payments launch Aani Instant Payment Platform

Al Maryah Community Bank (Mbank), a leading digital bank in the UAE, has partnered with Al Etihad Payments Company (AEP), a subsidiary of the Central Bank of the UAE (CBUAE), to launch the innovative Aani Instant Payment Platform on the Mbank UAE mobile application. This collaboration underscores Mbank’s commitment to providing trusted and reliable payment solutions, enabling instant and secure digital transactions 24/7.

The Aani Instant Payment Platform is a key initiative under the Central Bank of the UAE's Financial Infrastructure Transformation (FIT) programme, introducing a new era of seamless, secure, and real-time payments. Aani is accessible through the Mbank UAE app and the dedicated Aani app, available on iOS and Android platforms, offering users a transformative payment experience.

Aani revolutionizes transactions for Mbank customers by enabling real-time fund transfers between Mbank and other local financial institutions within the Aani network. Through the Mbank UAE app, customers can seamlessly transfer or request money using a recipient’s mobile number or email address, split bills either equally or by customized amounts, and more. These transactions eliminate the need to exchange bank account details or IBAN numbers, making payments faster, simpler, and more secure.

Mohammed Wassim Khayata, CEO of Mbank, commented: “We are excited to introduce the Aani Instant Payment Platform into our Mbank UAE mobile application. This reinforces Mbank’s commitment to banking innovation and excellence, placing us at the forefront of the digital payment ecosystem. By integrating Aani into our app, we are creating a banking environment that meets our customers' needs in an instantaneous, innovative, and secure manner. This empowers the UAE community with seamless, inclusive, and redefined payment solutions.”

He added: “We extend our gratitude to Al Etihad Payments for this collaboration, marking a pivotal moment in our financial journey. We remain dedicated to working closely with our partners to deliver exceptional service and innovative banking features to our customers in the near future.”

Jan Pilbauer, CEO of Al Etihad Payments, said: “We are delighted to announce the integration of Aani with Mbank, a fully digital bank. This partnership aligns with our mission to enhance digital payment solutions in the UAE. Together, we aim to provide residents with efficient and accessible financial services, contributing to a more inclusive and advanced digital financial ecosystem.”