Mobile Wallet is launched in UAE | GulfNews.com:
"The UAE Banks Federation (UBF) on Wednesday formally launched the implementation of the Mobile Wallet project.
The project, comprehensive digital payment solution, first unveiled in February, has been developed by a special committee of nine member banks under the Chairmanship of Tirad Al Mahmoud, CEO of Abu Dhabi Islamic Bank.
The project is expected to be implemented over next year in a number of phases. The UBF is co-ordinating the project with banks such as Abu Dhabi Commercial Bank, Adib, Commercial Bank of Dubai, Emirates NBD, Mashreq, National Bank of Abu Dhabi, Standard Chartered and First Gulf Bank.
The Mobile Wallet is the financial component of the Smart Government initiative. Smart Government has identified over 90 services provided by government departments requiring digital payment. The Mobile Wallet has been designed to allow these to be made from a purpose-designed platform that interfaces with all banks operating in the UAE."
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