Etisalat’s eWallet expands into utility bill payments

Digital Financial Services, a joint venture between Etisalat and Noor Bank, today announced the launch of eWallet’s utility bill payment services.

eWallet users can now pay for a wide range of services on the app without visiting other vendor platforms. These include Etisalat top-up and bill payments, Nol, Salik, Ajman Sewerage, FEWA, National Bonds, Xbox 360, Awqaf Sharjah, Beit Al Khair, Sharjah International Charity and Zakat Fund, with other services to be added in coming months, the company said.

eWallet is also offering a AED5 cashback every time a customer makes an eligible transaction of Dhs50, with maximum cashback capped at Dhs50 per customer. Eligible billers for the Dhs5 cashback are Etisalat top-up and bill payments, Nol, Salik, Ajman Sewerage, FEWA, National Bonds and Xbox 360.

Regulated and licensed by the Central Bank of the UAE, eWallet is a digital payment service that provides a convenient and flexible payment platform through a mobile app.

eWallet requires no minimum balance, no bank account, no credit or debit card to conduct digital payments. Customers only need a valid Emirates ID and a working UAE mobile number to register for an eWallet account. Once registered, users can top-up their wallet balance and start sending and receiving money between mobile phones, transfer to own or third-party bank accounts, and carry out merchant payments, bill payments, and mobile recharges. Users can deposit and withdraw cash from their wallets at various locations.

There are numerous digital wallets in the regional market. Apple Pay, Samsung Pay, Google Pay compete locally with Beam, Trriple as well as those offered by retailers such as Carrefour and Careem.