By Andy Sambidge
Online, phone payment revenues rise 27% while transactions increase 37%, says Smart Gov't chief
Dubai Smart Government on Tuesday revealed that its ePay portal, a platform for paying fees via the internet and mobile phones, saw collections grow by 27 percent compared to the previous year.
The number of completed transactions via ePay also rose by 37 percent, a statement said.
A total of AED5.6 billion ($1.52 billion) was collected from 4,547,829 transactions through the ePay gateway which covers 25 local government and non-government entities by the end of December.
This compared to AED4.4 billion from 3,318,572 transactions in 2012.
Ahmed Bin Humaidan, director general of Dubai Smart Government, said: "These results are a clear indication of the growing pace of eTransformation in Dubai; further reflected by the growing demand on the adoption of ePay to complete government transactions.
"It also expresses the strong confidence of our customers in this highly efficient and secure solution. ePay contributes to the national economy and helps create a sustainable green environment, since it reduces traffic movement and congestion, by avoiding unnecessary visits to government counters, thereby reducing wastage of assets and enhancing the green economy of the nation.
"We have come a long way in providing our clients with cutting-edge smart government applications in various fields, specifically in financial dealing which is the most sensitive for both individual and corporate users."
The ePay portal allows both individuals and corporate users to pay online for more than 250 eServices, either through the second generation eDirham, credit cards or debit cards from five leading banks.
ePay and mPay are part of the Dubai Smart Government's initiative which aims at providing government services through innovative channels in order to ease the lives of people and businesses interacting with the Government in Dubai.For all the latest banking and finance news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.