New hub aims to enhance digital payment technologies and support Dubai’s vision of becoming the world’s smartest city.
Pavitra Shetty
Published on November 15, 2024, 16:59:25
Dubai’s Roads and Transport Authority (RTA) has unveiled the Digital Payment Excellence Centre, a new hub aimed at advancing the Nol payment system by leveraging state-of-the-art digital payment technologies. This initiative aligns with Dubai’s vision to become the world’s smartest city by enhancing digital infrastructure through Account Based Ticketing System (ABTS) technology.
Mohammed Al Mudharreb, CEO of the Corporate Technology Support Services Sector at RTA, emphasized that the centre will lead research, anticipate future trends, and address current challenges in digital payments, aiming to improve public transportation payment solutions. The centre will bring together stakeholders from finance, government, and academia to foster collaboration in research, consultancy, data analysis, and knowledge sharing.
Additionally, the centre will host seminars, workshops, and training sessions to promote awareness and understanding of digital payments. Research findings from the centre will contribute to policy development, enhance operational efficiency, and elevate the user experience within Dubai’s transportation network.
The Digital Payment Excellence Centre is a pivotal step in RTA’s commitment to smart mobility and digital innovation, reinforcing Dubai’s position as a global leader in efficient and advanced payment systems for residents and visitors alike.
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