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Whizmo Launched To Democratise Access to Finance for Users and Businesses in UAE | The Fintech Times
Whizmo Launched To Democra se
Access to Finance for Users and
Businesses in UAE
by The Fintech Times November 6, 2024
Whizmo, an all-in-one financial app for ci zens,
residents and businesses of the UAE has been
launched by Whizpay Technology, the mobile financial
solu on company, to democra se financial services
and improve economic growth.
The Whizmo App is a secure digital wallet with 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 through its chat-based interface.
Whizpay Technology was granted the Stored Value Facility (SVF) and
Retail Payment Services and Card Schemes (RPSCS) licences to launch
the app from the Central Bank of the UAE. Whizmo will be available for
download on both the Play Store and App Store.
Managing daily transac ons
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