Page 21 - Whizmo PR REPORT - November 2024

Whizmo, UAE’s New All-in-one Financial App for Everyone
Whizpay Technology LLC, has introduced its all-in-one financial

app Whizmo for ci zens, residents and businesses of the UAE, building

upon the country’s broader vision of democra zing financial services

and fostering economic growth. The company has been granted

the Stored Value Facility (SVF) and Retail Payment Services and Card

Schemes (RPSCS) licenses from the Central Bank of the UAE and the app

will be available for download on both the Play Store and App Store.

The Whizmo App is a secure digital wallet with a mul tude of innova ve

features and a speedy onboarding process for individuals authen cated

by the UAE Pass. It empowers users to securely store funds,

make contactless smart QR transac ons, pay u lity bills and mobile

recharges, and make instant local and interna onal money transfers—

all within its intui ve, chat-based interface.

Moreover, with a robust network of merchants and partners, users can

conveniently pay for purchases directly through the app. Users can also

load e-money into their wallets by conver ng cash at designated retail

outlets, known as ‘Whizmo Cash Points,’ and then withdraw cash from

the same loca ons. Built to serve both individuals and enterprises, the

app addresses important issues related to managing daily transac ons

and provides users with improved control over financial ac vi es,

especially since it does not require users to link it to their bank account.

With these features, Whizpay Technology is empowering the UAE’s

financial landscape with reliable money solu ons for all.

Saeed Bin Khalaf Bin Ahmed Al Otaiba, Chairman, and the driving force behind Whizmo, stated, “We
are extremely delighted to introduce the Whizmo app to the UAE. With an unwavering commitment to

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