Page 33 - Whizmo PR REPORT - November 2024

Whizpay Launches ‘Whizmo’ App to Transform Financial Services in the UAE - TECHx Media Whizpay Launches 'Whizmo' Ap…
Saeed Bin Khalaf Bin Ahmed Al Otaiba, Chairman of Whizpay, expressed enthusiasm about the launch, sta ng, “We are extremely
delighted to introduce the Whizmo app to the UAE. With an unwavering commitment to financial inclusion and empowerment, we
are confident that Whizmo will emerge as a preferred digital money solu on, enabling users to take control of their money and
streamline financial ac vi es for all, especially among unbanked communi es.”
Eric G. Karobia, CEO of Whizmo, emphasized the app’s transforma ve poten al, sta ng, “Whizmo is more than just a financial app;
it is a catalyst for change.” He explained that the app was developed in response to the challenges faced by individuals and
business owners who have experienced financial fric on in daily transac ons due to heavy reliance on cash.
Streamlined Transac ons for Businesses
Whizmo also offers a variety of features tailored to simplify daily transac ons for businesses. Notably, it will enable instant
realiza on of funds, elimina ng the lengthy wai ng periods o en associated with tradi onal non-cash payment methods. This
func onality allows business owners to focus on opera ons without disrup ons and improves cash flow.
In the near future, businesses will be able to make quick B2B and B2C payments, receive digital funds across the Emirates, pay
supplier bills, and disburse salaries directly to employees’ Whizmo wallets with just a few clicks. This shi is expected to reduce
reliance on physical currency and address geographical proximity challenges.

As an cipa on builds among consumers, businesses, and industry experts regarding Whizmo’s offerings, the app’s innova ve
features, commitment to user sa sfac on, advocacy for financial inclusivity, and vision for a cashless future align with the UAE
government’s digital economy goals. Whizpay Technology aims to make a meaningful impact on the financial landscape of the UAE
and beyond.

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