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du Pay signs digital payment partnership with Emirates NBD

By Gloria Methri

October 03, 2024

  • Corporate Banking
  • Digital Transformation
  • du
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du Pay, du, Emirates NBD, Digital Payments, Digital Banking, International Money Transfers, FinTech, UAEdu Pay, the advanced digital financial services arm of du, has announced a partnership with Emirates NBD. The partnership offers du Pay users a unique virtual IBAN, streamlining the transfer of funds within the UAE directly through the du Pay app.

In addition to the conventional method of using the du Pay physical card for cash withdrawals at any ATM across the UAE, customers will have the convenience of cardless withdrawals from any Emirates NBD ATM in the country, further enhancing their digital banking experience.

Emirates NBD is a banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries and over 9 million active customers. The bank offers a range of banking products and services, including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.

Nicolas Levi, CEO of du Pay, said, “Our collaboration with Emirates NBD marks a significant milestone in our mission to streamline and secure financial transactions for our users in the UAE. By leveraging cutting-edge technology, we are enhancing the user experience, reinforcing our commitment to innovation and customer satisfaction.”

du Pay offers a wide array of financial services — from online and offline payments within the UAE to utility bill payments, mobile recharges, and competitive international money transfers. It is licensed by the Central Bank of the UAE and leverages du’s robust infrastructure and innovation. du Pay focuses on inclusivity and security, making comprehensive financial services within reach for every resident across the UAE.

Anith Daniel, Group Head of Transaction Banking Services at Emirates NBD, said, “As a leading bank in the UAE, Emirates NBD has played an active role in introducing innovation in all its banking solutions. We are proud to partner with du Pay and contribute to the digital transformation in the UAE’s financial services sector. Together, we are dedicated to providing accessible and user-friendly financial solutions that empower our communities, embracing cutting-edge technologies and pushing boundaries to deliver excellence.”

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