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Residents and citizens of the United Arab Emirates UAE can now use a paperless direct debit marketplace.The UAE Central Bank has approved the launch of the marketplace developed by Direct Debit System, enabling payers and merchants to use it to make recurring monthly payments and including it in the UAE Direct Debit System UAEDDS , the Khaleej Times reported Friday March 17 . We are delighted to be given the official go ahead and are grateful to the Central Bank and its leadership for allowing us to be part of its digital payments transformation agenda for the country, Direct Debit System Founder and CEO Ummair Butt said in the report.The direct debit marketplace provides a place where consumers can make all their payments, is accessible only through UAEPASS and
stanley usa is compliant with the Dubai Electronic Security Center DESC , according to the report.It is free of charge for payers and is expected to be used f
stanley termos or a variety of recurring expenses and subscription-based services, the report said.For merchants, it provides a solution that does not impact their relationship with their banking services provider, offers a cost-effective, fixed-fee structure and provides time-saving digital reconciliation, per the report. Although UAEDDS has the capability of payer-driven payments, taking that route poses an incredible challenge for merchants to identify and reconcile a payment popping up in their bank, Butt said in the report. It is our belief that beca
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While most people have used some variation of the phrase truth is stranger than fiction, few know that they should be attribu
stanley hrnek ting it to Lord Byron, who first inserted the line into a poem in 1823.And while reality has offered many fine examples to back up the expression in the 193 years since it was first coined, 2016 might just end up being the year that truth, finally and comprehensively, beats fictions ability to top it.The world stock markets have bottomed and bounced back twice, China has become the international economys most expensive riddle, England quit the E.U. and, tomorrow July 18 , Donald Trump will officially accept the nomination of the Republican Party at its national convention, where Peter Thiel is the headline speaker.We challenge a fiction writer to do better than that summary of the last six months of news.And perhaps even more impressive is that, while the top-of-the-fold news has been a neverending carnival of wonders, flipping through the metro and financial pages almost never disappoints. This week was no different. Lending Club continued to prove there is almost always more to the story, American Express announced a surprise collaboration with Airbnb and P
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stanley termosy ing Clubs Latest Bad NewsIf one ever suspects theyve stumbled into the plot of a horror movie, it becomes imperative to never utter one of two phrases: 1 Ill be right back no, you wont , and 2 It cant get any worse it can always get
