Emirates NBD has today announced the launch of “Emirates NBD mePay,” a money transfer service that enables Emirates NBD account holders to transfer money to other customers using their mobile numbers instead of account numbers.
Powered by the Emirates NBD mobile banking app, the mobile money transfer can be completed in 30 seconds using the mobile number of the recipient, who must also be an Emirates NBD account holder.
“Today’s announcement is continuing evidence of Emirates NBD’s commitment to offering our customers an enhanced banking experience, thus making banking transactions convenient and hassle-free,” said, Suvo Sarkar, general manager, retail banking and wealth management, Emirates NBD.
“Mobiles have become an inseparable aspect of our lives, and customers are on the lookout to access various services through their smartphones. We are confident that the newly launched service, which is in line with the government’s initiative to transform Dubai into a smart city, will revolutionise peer-to-peer money transfers in the UAE.”
The launch of ‘Emirates NBD mePay’ is the latest in a series of mobile-based products by the bank, including its mobile banking app that enables customers to conduct transactions via a smartphone; ‘Shake n Save’ that allows customers to save money on the go; and ‘Emirates NBD Deals’ which keeps customers updated about all promotions they are entitled to through use of the bank’s credit card.
The service is free of charge for all Emirates NBD customers, and is available for iPhone, Android and Windows phone users. Customers are required to download the Emirates NBD Mobile Banking App, and register for ‘Emirates NBD mePay’.