The city rolled out its cashless strategy in October 2024, with 97% of government payments already digital in 2023. The DOF hopes that this digital drive will contribute 8 billion dirhams (roughly $2.1 billion) to Dubai’s economy.
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Dubai announced its Cashless Strategy in October 2024, at a time when 97% of all government payments were already being made digitally
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Dubai predicts that its cashless society strategy will add at least 8 billion dirhams ($2.1 billion) to the economy, driven by the development of financial technology services and the expansion of the fintech sector
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