Page 45 - Whizmo PR REPORT - November 2024

UAE’s new all-in-one financial app ‘Whizmo’ to transform daily transactions for individuals and businesses
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 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 the
unbanked communi es."

Echoing his views, Eric G. Karobia, CEO of Whizmo, stated: “Whizmo is more than just a financial app; it is a
catalyst for change.” He further elaborated on the organiza on’s journey, explaining how the app was conceived
in response to the challenges faced by individuals and business owners who have encountered financial fric ons
in their daily transac ons due to strong dependence on cash or have been largely disenfranchised.

“Our goal was to develop a solu on that bridges exis ng financial gaps, provides people with financial freedom,
reduces their reliance on cash, and nurtures opportuni es for holis c growth,” Karobia added.

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