The UAE and its society has developed considerably faster than most other countries around the world. This is the result of ambitious and visionary initiatives adopted by the UAE government in recent years, led among other things by its wish to transform the UAE into a world-leading digital economy.
While the project as a whole has taken a number of years to reach its final stages, its sheer complexity and multi-dimensional nature justify whatever time has been invested to reach the final goal.
One of the most notable ingredients of the creation of Emirates Digital Wallet has been the commitment of 16 national banks, supported by the UAE Banks Federation, to collaborate for the common good. Their contribution to this far-sighted undertaking cannot be under-estimated.
Our task has also unquestionably been supported by the conducive environment for success provided by the UAE Central Bank. We remain indebted to them for the advice and expertise they have brought to this exciting and important endeavor.
The birth of klip is unique in so many ways. We hope that it will help to point the way towards a cashless world one day, in which the UAE has made some small contribution.
Mohammed Al Jayyash
Emirates Digital Wallet