3 UAE-based money transfer apps facilitating remittances

By Delisha Fernandes

The UAE stands as a vibrant hub of international commerce, attracting a diverse population of immigrants from around the globe. With this surge of individuals comes the need for efficient and secure methods of transferring money internationally, particularly for remittances – the lifeline for many supporting families and loved ones back in their home countries.

In response to this growing demand, a plethora of FinTech companies have emerged, offering innovative solutions for money transfers. Among these are mobile applications specifically tailored to facilitate remittances in the UAE. These apps provide users with convenient, cost-effective, and reliable ways to send money across borders, catering to the diverse needs of the UAE’s population.

Here are 3 money transfer apps facilitating remittances in the UAE:

• e& money

e& money, a wholly owned e& brand, is a digital wallet licensed by the Central Bank of UAE. As the FinTech arm of e& life, e& money aims to revolutionize customer experience through innovative financial super app marketplace. Customers will be able to access a series of financial services, such as international money transfers, local transfers, merchant payments, bill payments, gifting, and much more, all in the same application.

• Hubpay

Hubpay is licensed as Money Services Provider by the Abu Dhabi Global Market to carry out remittances in the UAE. Hubpay is a digital wallet that enables you to make money transfers and payments from the UAE to your family and friends around the globe. Hubpay allows you to send money to banks and agents in a number of countries around the world.

• LuLu Money

LuLu Money is designed to ensure that your money is handled with the utmost care and reaches its destination securely. LuLu Money maintains a safe record of all transactions, which you can access with ease. With LuLu Money, you can transfer money to over 170 countries easily and securely. Customers can get the most accurate and current exchange rates for their transfers with LuLu Money.