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Dubai Plans to Become Fully Cashless by 2026
Summary by Fintechnews Middle East
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Dubai Plans to Become Fully Cashless by 2026
Dubai has unveiled ambitious plans to eventually become a fully cashless city. According to TimeOut Dubai, the emirate’s cashless strategy will see all payments across both government and private sectors go digital. First announced in October 2024, the initiative seeks to phase out notes and coins in favour of digital payments throughout the city. Dubai expects cashless transactions to account for around 90% of all payments by 2026, potentially …
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