Business

du Pay has announced that it has processed more than AED 2 billion in transactions since launch, marking its second anniversary with significant growth in the UAE’s digital payments sector.

The fintech platform, launched by du, reported more than 1.4 million downloads and a four-fold increase in transaction volume compared to its first anniversary, when it had processed approximately AED 500 million in transactions.

The company said transactions across the platform include international remittances, bill payments, mobile recharges, card payments, online transactions, and withdrawals.

du Pay stated that its second year focused heavily on expanding financial inclusion and introducing digital financial tools designed to support the UAE’s diverse communities.

One of the platform’s key developments was the launch of the “Salary in the Digital Wallet” feature, enabling workers to receive their salaries directly through digital channels.

The company also highlighted a partnership with a major delivery services provider to offer dedicated digital wallet services for delivery riders across the UAE, providing thousands of workers with easier access to financial tools and services.

In addition, du Pay announced collaborations related to digital micro-lending solutions and partnerships with international remittance platforms in receiving countries.

Fahad Al Hassawi said the platform’s rapid growth reflects strong customer trust and the company’s ongoing commitment to innovation in digital financial services.

He noted that transaction volumes increased fourfold over the past year, underscoring du Pay’s expanding role in the UAE’s evolving fintech ecosystem.

The platform also received industry recognition after winning the E-payment Solution of the Year award at the Entrepreneur Leaders in E-Business Awards 2025.

du Pay said its services align with the Dubai Department of Finance’s objective of making 90 per cent of all transactions in Dubai cashless by 2026.

Looking ahead, the company said it plans to further expand its financial services portfolio, strengthen fintech partnerships, and introduce additional features focused on convenience, security, and accessibility for customers across the UAE.

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