Page 16 - Whizmo PR REPORT - August 2025
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Did you know that Whizmo is empowering the underserved and driving the UAE’s digital payment revolution? - Middle East New…
How does Whizmo’s zero-cost onboarding for individuals and businesses help create equal
access, especially for low-income users?
Our zero-cost onboarding eliminates barriers for low-income individuals and small businesses,
enabling them to participate in the digital economy without any upfront investment. This approach
underscores our commitment to financial democracy by empowering underserved segments with
the access they deserve.
There is no discrimination based on income, no minimum balance requirement, no need for security
collateral, and no investment in hardware or software. Individuals can begin transacting without a
bank account, while businesses can receive payments instantly, ensuring timely access to working
capital when it is needed most.
Can you walk us through Whizmo’s key features—e-wallet storage, QR payments, bill
payments, and utility recharges, local and international transfers?
With the Whizmo app, users can securely store funds, make QR payments at merchant locations,
pay utility bills, and transfer money both locally and internationally, all through a chat-based user
interface.
Every feature is designed with a strong emphasis on speed, convenience, and daily relevance.
Beyond everyday transactions, Whizmo empowers users to set savings goals, monitor expenses,
and take greater control of their financial well-being.
For businesses, Whizmo offers a comprehensive payment solution, a dashboard that enables them
to receive payments instantly, monitor transactions in real time, and execute both B2B and B2C
payments.
How does Smart QR technology work, and what benefits does it offer for users unfamiliar
with digital payments?
Smart QR technology in the Whizmo app uses dynamic QR code generation and real-time data
encryption to enable secure, contactless transactions. With device-level authentication, it minimises
manual data entry and reduces the risk of errors, offering a safer and more efficient payment
experience.
Designed to simplify digital interactions, this feature is beneficial for users who are less familiar with
conventional mobile payment methods. This technology allows users to complete various actions
such as making payments, adding funds, withdrawing cash, or requesting money, without
navigating multiple screens or menus.
The system works smoothly even on basic smartphones, ensuring broad accessibility without the
need for advanced hardware. Its user-friendly interface shortens the learning curve, enabling
individuals to perform essential financial tasks with minimal guidance.
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