Dubai preps mobile phone number-based payments system
13 January 2016 | 8095 views | 20
People in Dubai will soon be able to ditch cash, cards and handsets, making instore and online payments using their mobile numbers.
Backed by the Dubai Smart Government (DSG), a project this year will see the technology of Quisk Middle East integrated into the UAE-wide POS merchant network of Network International.
The cloud-based Quisk system uses mobile phone numbers and a secured PIN to create and access a new type of digital cash account. Users do not need smart phones or mobile operator services, simply entering their details at checkout, instore and online, including to pay bills and access government services.
Bhairav Trivedi, CEO, Network International, says: "This solution heralds a new era of cashless payments across the region, enabling people to conduct transactions anytime and anywhere, in line with Dubai Smart Government’s smart transformation initiatives to support Dubai’s aspirations."
HE Wesam Al Abbas Lootah, CEO, DSG, adds: "Signing a strategic partnership contract with Dubai-based Quisk Middle East and Network International to activate a smart payment service channel for individual and corporate retail customers via mobile phone numbers will enhance our corporate vision of establishing a distinctive smart city that offers the world a new and unique model of developing cities."