MoHRE launches ‘Digital Wallet’ to provide integrated financial services to companies
The new digital service to streamline payments for corporate customers
Dubai: The Ministry of Human Resources and Emiratisation (MoHRE), in collaboration with Abu Dhabi Islamic Bank (ADIB), has unveiled the “Digital Wallet” as part of its ambitious digital services initiative.
This new service aims to enhance government service efficiency and aligns with the UAE’s strategy for comprehensive digital transformation across all government services.
The “Digital Wallet” allows corporate customers to instantly settle fees and financial obligations for MoHRE services. By linking MoHRE with ADIB, the wallet offers a fully integrated financial solution, optimizing service delivery and adding value for its users. Mohammed Saqr Al Nuaimi, Assistant Undersecretary for Support Services at MoHRE, encouraged companies to register for the wallet through MoHRE’s platform, using the “Electronic Wallet Registration for Companies” service. Once approved by the bank, companies can begin using the wallet for seamless payments.
The wallet’s launch represents the first phase of a broader service expansion, which will eventually include multiple banking options. This initiative aims to promote financial inclusion while supporting the ministry’s strategy to enhance the UAE’s business environment, competitiveness, and attractiveness as a global investment hub.
He added that the ministry’s commitment to digital transformation includes the expansion of the Zero Bureaucracy Program, which integrates services across various entities. This is in line with MoHRE’s goal to streamline operations, elevate customer experiences, and reinforce the UAE’s global leadership in government innovation.
Key Features of the MoHRE Digital Wallet
- Instant Payments: Companies can now instantly settle fees and financial obligations related to MoHRE services
- Integrated Financial Services: The wallet offers fully integrated financial services by linking MoHRE with ADIB, enhancing operational efficiency and providing added value to users.
- Registration Process: Companies are encouraged to register for the Digital Wallet through MoHRE’s platforms via the “Electronic Wallet Registration for Companies” service. Usage of the wallet commences upon approval of the registration request by the bank.
- Future Expansion: This launch represents the first phase of the service, with plans to include multiple banking options in the future to support broader financial inclusion.
- Strategic Objectives
Strategic Objectives
The introduction of the Digital Wallet aligns with MoHRE’s ongoing efforts to:
- Enhance Labor Market Efficiency: By simplifying payment processes, the wallet aims to improve the overall efficiency of the labor market.
- Ease of Doing Business: Streamlining financial transactions contributes to a more business-friendly environment in the UAE.
- Support the Zero Bureaucracy Program: The wallet is part of MoHRE’s commitment to reducing bureaucratic hurdles and enhancing customer experience through digital transformation. For more detailed information, you can refer to the official announcement by MoHRE
