UAE fintech offers digital payment options to allow families to budget school fees
Direct debit payments
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Dubai real estate: Cheque books continue to dominate property payments despite direct debit, digital transaction boom
The Central Bank of the UAE (CBUAE) introduced the Direct Debit System (UAEDDS) earlier in January this year
CBUAE
UAE launches monthly rent payment platform for residents, citizens
Residents and citizens can access the platform via the UAEPASS
Direct debit payments
Dubai announces rent can now be paid by direct debit instead of cheque
Tenants can pay rent automatically through the Noqodi Ejari Direct Debit Service (DDS)
Central Bank of the UAE
UAE fintech launches paperless Direct Debit Marketplace for recurring payments
The platform will allow payers and merchants to conduct recurring payments, such as school fees, insurance, rent, gym memberships, and any other subscription-based service