e& money has introduced a new salary solution in the UAE, aimed at simplifying payroll, reducing costs, and improving the employee financial experience.

As businesses across the UAE focus on efficiency while supporting their workforce, the new offering is designed as a fully digital, end-to-end ecosystem. It combines WPS (Wage Protection System) compliance, salary processing, a Universal Account with IBAN access, and employee benefits into a single platform. Moreover, it aligns with national priorities around financial inclusion and the UAE’s “We the UAE 2031” vision.

In addition, the solution moves beyond traditional payroll systems by creating a more seamless experience for both employers and employees. Businesses can simplify payroll processes and reduce operational costs. At the same time, employees gain easier access to their salaries along with added financial benefits.

For businesses, the platform provides a single interface to manage payroll while meeting all WPS requirements. Furthermore, e& money is waiving all salary processing fees, enabling immediate cost savings. Employers also receive access to a secure dashboard, payroll funding through IBAN, and real-time tracking with instant status updates. As a result, HR teams can operate more efficiently and focus on higher-value priorities.

Meanwhile, employees benefit from a more transparent and convenient salary experience. The platform offers access to core financial services without additional everyday charges. Each employee receives a free IBAN account, along with both virtual and physical e& money cards. This allows full control over income through one unified platform.

Additionally, employees can access a range of financial benefits. These include free local transfers, one free international transfer per month, and up to 1 percent cashback on card spending. Overall, the total annual benefits can reach up to AED 400.

According to Melike Kara Tanrikulu, Chief Executive Officer of e& money, the company is focused on making everyday financial services simpler, more accessible, and more rewarding. She stated that the solution provides employees with a free IBAN, a card, and access to multiple financial services on one platform, along with annual benefits. At the same time, it helps businesses streamline payroll and reduce costs, creating a balanced experience for both employers and employees.

The launch builds on the earlier rollout of salary processing services for domestic workers. Thousands of employees have already opted to receive salaries through an e& money IBAN and card. This, in turn, reflects the growing demand for simple, transparent, and digital-first financial solutions.

Finally, e& money is extending this experience to businesses across the UAE. The company is positioning the platform as a modern and efficient payroll approach. In conclusion, the new e& money solution aims to support organisations and employees in a rapidly evolving financial landscape.

Related post

View all