News

Dukhan Bank To Launch Wristband-Based Payment Option

Published

4 years ago

February 18, 2021

dukhan bank to launch wristband-based payment option

VISA

Qatar’s leading retail bank, Dukhan Bank, has recently published a press release, announcing the launch of its new payment platform and companion wristbands that make use of NFC technology to facilitate contactless payment.

Called Dukhan Pay (D-Pay), the new platform is intended to meet customer’s growing demand for digital banking products and services. It can also help curb the spread of the novel coronavirus by providing a safer alternative to traditional payment options.

“The Dukhan Bank wristbands are entering the market at a time when there is an increased demand in safe, contactless payment. In addition to being safe, the wearables facilitate fast and easy transactions using blended technology that is both secure and fashionable,” commended Dukhan Bank.

Dukhan Bank

The wristbands are available in three colors (gray, pink, and blue), and they are compatible with any point-of-sale terminal with support for contactless payments, allowing customers to spend up to 1,500 QAR per day without touching the terminal.

“The initiative falls under D-Pay, a key cornerstone in Dukhan Bank’s digital transformation that seeks to absorb the latest technologies and online banking solutions to make banking simple, safe, and convenient for our customers,” the bank added.

Not long ago, Dukhan Bank launched contactless credit and debit cards. Other banks in the region are being similarly digital-forward. For example, the Qatar National Bank partnered with fitness tracker makers Fitbit and Garmin to enable contactless transactions via their smartwatches.

Also Read: Thales Deploys Its Security Solution At Bahrain International Airport

Even before the outbreak of the COVID-19 pandemic, major retail chains had been adopting various scan and pay solutions to make shopping faster, safer, and more convenient. Airports are now widely adopting self-check kiosks to increase their capacity and reduce the number of transmission vectors for infectious diseases.

Indeed, the future seems to be contactless, and the technology to enable it is already here. The only question that remains to be answered is how well it will be received by customers.

News

Yabi Introduces AI Financial Coach For Smarter Money Moves

The app provides real-time, personalized financial guidance, helping UAE residents manage money smarter, reduce debt, and build wealth effortlessly.

Published

10 hours ago

February 22, 2025

Nour Nasir

Yabi

Imagine having 24/7 access to an expert financial advisor — someone who understands your spending habits, helps you save more effectively, and offers guidance for every financial decision. That’s the vision behind Yabi’s revamped platform, an AI-driven finance app designed to transform personal finance management in the UAE.

Unlike traditional budgeting tools, Yabi acts as an always-available AI advisor, analyzing your unique spending patterns and offering real-time, tailored financial advice. Whether you’re making everyday purchases, planning a big trip, or saving for a major milestone, Yabi keeps you on track and helps you make informed financial choices.

Rakhil Fernando, CEO of Yabi, explains the mission behind the platform: “Financial literacy is not optional — it’s essential. But most financial tools today feel outdated and overly complex. Yabi is here to change that by offering AI-powered financial coaching that’s smart, simple, and accessible to everyone in the UAE”.

Here are some of the updated app’s new features:

AI-Powered Financial Coach: A 24/7 digital advisor providing real-time financial guidance based on your spending habits and available in multiple languages.
Live Insights: Connect your bank accounts for a detailed breakdown of your expenses.
Tailored Budgeting: Yabi creates a budget that fits with your actual spending habits rather than generic financial advice.
Interactive Financial Education: Learn the essentials of saving, investing, and credit management through engaging content integrated into the AI experience.
Automated Expense Tracking: Receive instant alerts on overspending, identify hidden charges, and cut unnecessary subscriptions with ease.
Credit Score & Financial Health Monitoring: Get free credit score checks and AI-driven recommendations to enhance your financial standing.

Also Read: A Guide To Digital Payment Methods In The Middle East

Finally, Yabi is also gearing up to introduce its own debit card and a suite of financial products, making it easier to save, spend, and invest within a single platform.

Want to try Yabi for yourself? You can download the app on the Apple App Store and Google Play Store.