Transfer money from your mobile phone

Dubai: UAE residents will no longer have to queue in banks or exchange houses to remit money as the country moves to m-commerce.

The mobile phone will do the needful as etisalat has already started a mobile money transfer pilot project, which will be unveiled next week.

"Etisalat is focusing on a number of payment options over the mobile phone, which will enable customers to use their phones as an electronic wallet," a statement said.

It is unclear how much the service will cost.