Template name: white header page.php

The UAE is a highly digitized economy, with a strong embrace of mobile payments and contactless transactions. While cash is still used, its usage is declining rapidly. The UAE boasts a highly developed and technologically advanced payment system. Credit and debit cards are widely used, with contactless payments increasingly common. Online banking and electronic transfers are extensively utilized, particularly for business-related transactions. Mobile payment platforms are also gaining significant traction, reflecting a young and tech-savvy population. While cash remains present, it’s gradually becoming less dominant. Government initiatives actively support digitalization efforts.

Population

Estimated Population

9.9 million

Currency

Currency

United Arab Emirates dirham (AED)



Popular payment methods