RAKBANK teams up with UnionPay in UAE and hope to make it the first major market outside Mainland China which is completely contactless ready,Dubai’s Evolution Towards Contactless Transactions
Blink, and you might miss it – that’s how fast Dubai is advancing in the world of technologically-sophisticated digital transactions. The city is already bustling under a revolutionary transformation led by the unprecedented partnership between RAKBANK and UnionPay International. The core purpose of this alliance? To transition UAE into the first substantial market outside the territorial boundaries of Mainland China with a readiness for wholly contactless transactions.
Embracing the Future’s Currency
The collaboration between the renowned RAKBANK and globally recognized UnionPay International intends to realize a contactless payment ecosystem in the UAE. A purpose that is much more than just a pragmatic aspect of the topic. It’s an ambitious endeavor to drive the city into an era of futuristic transactions. For this, the partnership will ensure in-depth discussions, myriad details, countless practical examples, and irrefutable evidence aimed at supporting their central aim.
Courting the Contactless Conclusion
The finalization of such a groundbreaking concept would not only summate Dubai’s progressive standing in the concept of digital transactions but would also serve as a global example. A contactless UAE signals a giant stride towards the evolution of futuristic transactions. All credit goes to the compelling initiative by RAKBANK and UnionPay International, upon the successful implementation of which, the readers’ takeaway message would be simple and clear – Dubai is ready to lead in the revolutionary change towards contactless economy.
Information Source: This information has been sourced and acknowledged from RAKBANK & UnionPay International Websites.
Original article:https://www.electronicpaymentsinternational.com/news/rakbank-collaborates-with-unionpay-in-uae/