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All-in-One Financial App ‘Whizmo’ Launched in the UAE – Business Review: The Latest News from the Middle East and Africa

ALL-IN-ONE FINANCIAL APP ‘WHIZMO’ LAUNCHED IN THE UAE

November 5, 2024 Chris Fernando Banking & Finance Industries News

Whizpay Technology LLC, a leading mobile financial solu on company headquartered in Abu Dhabi, 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

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