Digital Salaries, Real Financial Freedom?
As the UAE moves rapidly toward digital payments, lower-income workers are changing how they receive, spend and send their salaries. Edenred UAE data shows ATM withdrawals from C3Pay salary balances have fallen from 96% in 2019 to around 69% today, as cards, digital payments and online remittances become more common.But does going digital actually mean greater financial empowerment? With around 77% of Edenred’s cardholders earning below AED 2,500 a month, we ask what financial inclusion really looks like for lower-income workers. Joining Tim Elliott is Claudio Di Zanni, Managing Director of…
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