Inquiry after 32,000 direct debits taken early

A "system failure" leads to as many as 32,000 direct debit payments being taken from bank accounts early.
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'Direct Debit' raises pension contribution collection rate to 99.93%: Abu Dhabi Pension

ABU DHABI, 6th May, 2025 (WAM) -- Khalaf Abdullah Rahma Al Hammadi, Director-General of the Abu Dhabi Pension Fund, confirmed that the Fund’s early investment in digital systems has significantly ...
Arabian Business

UAE school fees can now be paid digitally with automated direct debit

UAE fintech offers digital payment options to allow families to budget school fees UAE families can now pay school fees and rent payments through digital direct debits after a regional fintech ...
The Nation Newspaper

IGR: Reps seek direct debit system for utility payments by MDAs

The House of Representatives has resolved to initiate a workable strategic plan to enhance the efficient payment of monthly utility bills of all Ministries, Departments and Agencies by establishing a ...
Finextra

Will Variable Recurring Payments kill direct debits?

The world of consumer banking received an innovation boost when the EU regulation PSD2 enforced the rails for Open Banking. This disruptive force offers new ways to streamline payments and is ...