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Dubai Rental Disputes Center adds new payment channels

Staff Report/Dubai
Filed on June 30, 2020

(Reuters)

The Dubai Rental Disputes Center (RDC) has announced that it is providing new payment channels by enhancing cooperation and strengthening strategic partnerships between the public and private sectors in Dubai.

The move will provide facilities for customers to complete their payments directly through flexible and easy procedures via their bank accounts. To achieve these goals, RDC has announced its complete compatibility with the Noqodi digital wallet to settle government services fees by relying on the 'NetBanking' and 'Pillar Network' through Al Ansari Exchange. One of the most important features of these services is the complete integration with the guidelines issued by the UAE Central Bank.

RDC has managed to attract 10 local banks to support alternative payment channels, which are: Abu Dhabi Commercial Bank, Arab Bank, Citibank, Commercial International Bank, Commercial Bank of Dubai, Dubai Islamic Bank, Emirates NBD, First Abu Dhabi Bank, HSBC, and Standard Chartered UAE. The new payment options will be available to RDC's customers directly through their bank accounts in addition to the payment channel available at all Al Ansari Exchange branches.

"Our continuous efforts to provide easy and convenient options for our customers in all real estate transactions are in line with the directives of our wise leadership to position Dubai at the forefront of global cities and investment destinations. Competition is now centred on the quality and accessibility of services, which encourages us to provide solutions to help face modern challenges. We expect these projects to contribute to advancing the UAE's digital transformation and integrating services between the public and private sectors, while ensuring transparency and electronic security to preserve the rights of all parties," said Sultan Butti bin Mejren, director general of Dubai Land Department (DLD).

Judge Abulqader Musa, director of RDC, said: "Over the past few months, we affirmed our ability to overcome the challenges posed by Covid-19, and we have learned a lot from this exceptional experience to be fully prepared in all future situations. The provision of more payment channels for customers is justification of this, along with their compatibility with national strategies to reduce dealing with cash in traditional ways, and reduce the use of paperwork at RDC. We will continue our effort to support the journey of digital transformation and employ more artificial intelligence, blockchain, and visual communication technologies in many of our operations, to become global leaders in this trend."

- business@khaleejtimes.com


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