wage<\/a> disbursement for domestic workers across the United Arab Emirates. Through the signing of a Memorandum of Understanding (MoU), the two entities are extending the Ministry\u2019s Wage Protection System (WPS) to cover domestic workers for the first time, reinforcing the UAE\u2019s transition towards a secure, cashless, and inclusive digital economy.<\/p>\nThis strategic collaboration integrates MOHRE\u2019s advanced WPS APIs with the e& money platform, enabling employers to manage and transfer salaries for registered domestic workers seamlessly and in compliance with existing labour legislation. By reducing reliance on cash and expanding access to regulated digital financial services, the initiative is designed to safeguard worker rights while simplifying salary management for households.<\/p>\n
Dalal Alshehhi, Acting Assistant Undersecretary for Labour Protection at MOHRE,<\/strong> said, \u201cThis partnership reflects MOHRE\u2019s ongoing commitment to safeguarding workers\u2019 rights. By expanding our wage protection services through e& money, in its first phase, we are extending the Wage Protection System (WPS) to cover domestic workers in accordance with applicable regulations. This will ensure broader access to regulated and secure financial services, guaranteeing timely salary payments. Employers will now be able to pay domestic workers\u2019 salaries through a few simple steps.\u201d<\/p>\nMelike Kara, CEO of e& money,<\/strong> said, \u201cAt e& money, we believe in creating financial solutions that make a meaningful difference in people\u2019s lives, enhancing their financial well-being and driving inclusive economic growth. Our collaboration with the Ministry of Human Resources and Emiratisation (MOHRE) is about innovating financial accessibility to empower workers, support businesses, and foster trust across the financial ecosystem. By integrating the Ministry’s WPS model into the e& money platform, we\u2019re making salary management more efficient and, most importantly, more inclusive, democratising access to secure and seamless financial services that enhance the quality of life for everyone.\u201d<\/p>\nThrough this integration, individuals employing domestic workers will be able to access wage protection services directly via the e& money app. Once registered through the designated MOHRE services section, employers can view their workers\u2019 details pre-filled within the platform, ensuring payments are accurate, fast, and fully compliant.<\/p>\n","protected":false},"author":35851,"featured_media":569778,"parent":0,"template":"","categories":[11395,11381,41779,11368,11376,42764,11379,35279,11384,11373,11397],"tags":[11668,11649,12004,11438,11409,12472,11769,11549,11515,12428],"class_list":["post-569777","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-analytics","category-artificial-intelligence","category-banktech","category-core-banking","category-digital-banking","category-digital-payments","category-lending","category-loans","category-payments","category-regtech","category-saas","tag-cross-border-payments","tag-digital-banking","tag-digital-lending","tag-digital-payments","tag-digital-transformation","tag-financial-inclusion","tag-financial-institutions","tag-financial-services","tag-fintech","tag-uae"],"acf":[],"yoast_head":"\n
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