The UAE Central Bank said yesterday the registration of the banks and finance companies into the ‘Direct Debit System’ has been completed and all banks and finance companies are now ready to embark on ...
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'Direct Debit' raises pension contribution collection rate to 99.93%: Abu Dhabi Pension
ABU DHABI, 6th May, 2025 (WAM) -- Khalaf Abdullah Rahma Al Hammadi, Director-General of the Abu Dhabi Pension Fund, confirmed that the Fund’s early investment in digital systems has significantly ...
10 April 2013UAE residents will be able to make use of Direct Debit payments to settle everything from mortgage installments to credit card bills in a matter of weeks.The news comes after it was ...
ABTA will launch a replacement version of its Single Payment System to members later this year. The technology has been developed by Travel Ledger. The direct debit system allows fast online payments ...
DUBAI, April 9 (Reuters) - The United Arab Emirates central bank said on Tuesday it was introducing a direct debit system for commercial banks, a step which could ease a major problem for foreign ...
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