Thursday 18 April 2024
 
»
 
»
Story

Dewa, Emirates NBD partner for payment system

DUBAI, July 31, 2018

Dubai Electricity and Water Authority (Dewa) has connected its outgoing payment system with Emirates NBD according to the Host to Host (H2H) protocol, which will speed up outgoing payments and allow automatic and simultaneous transfer of payment data and approvals.

Dewa is the first government organisation to implement the integration with the bank, a statement said.

“Integrating Dewa’s outgoing payment system with Emirates NBD will allow the payment data files and approvals in SAP to be forwarded directly to the bank. This streamlines the payments to suppliers and contractors, refunds of security deposits for customers, and transferring of employees’ salaries,” said Saeed Mohammed Al Tayer, MD and CEO of Dewa.

The integration with Emirates NBD is part of Dewa’s ongoing development efforts by implementing the latest technologies that support its digital transformation. This also enhances its leadership as a pioneering utility that provides quality services to contribute to a brighter, sustainable, and happier future for all stakeholders. – TradeArabia News Service




Tags: Dewa | Emirates NBD |

More Finance & Capital Market Stories

calendarCalendar of Events

Ads