06/10/2011 00:00 AST

The Ministry of Finance (MoF) and the National Bank of Abu Dhabi (NBAD) will be launching the second generation of E-Dirham (G2 E-Dirham) during their participation at Gitex 2011.

Both entities will be sharing a stand at the event (S2-105 at the Shaikh Saeed Halls). MoF and NBAD will also be taking part in Gitex Shopper 2011 from October 8-15 at the Dubai Airport Expo Centre (Central Hall C211).

The G2 E-Dirham system is a unique, multi-faceted system that covers a wide range of uses pertaining to electronic collection and payment.

The system utilises the latest available information technology advancements and follows global best practices in security and efficiency, and provides new channels for e-payment in the UAE connected to global payment networks.

Undersecretary Younis Haji Al Khouri indicated the MoF was one of the pioneers in supporting the UAE's vision in positioning the country as a leading nation with regards to government services. The launch of the G2 E-Dirham will provide users with a state-of-the-art mechanism for payments.


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