Advertisement

UAE: Send money in 10 seconds using mobile numbers

Advertisement

Sending money within the UAE has become faster and simpler than ever. Instead of entering long account details, you can now make a transfer using only the recipient’s mobile number and complete the transaction in seconds. This convenient experience is now possible through “Aani”, a national instant payment system introduced to modernise the way people in the UAE move money.

This digital platform was introduced to provide a faster, hassle-free payment option for everyday financial needs. Whether you are paying a friend back for lunch, receiving funds from family, or sorting out group expenses, you can complete the process on your phone without needing any traditional account information. The system is designed to work smoothly through mobile apps of licensed financial institutions, giving users direct access through channels they already use.

Once your bank supports Aani, all you need to do is enrol within your mobile banking app. Although the sign-up steps may differ slightly depending on your bank, the general process involves selecting the account you want to connect, confirming your personal details, and verifying your identity using your banking password or security PIN. When the setup is done, you’ll receive a confirmation notification or email that your account is now ready for instant transfers.

Once enrolled, users will find a range of convenient services inside their bank’s transfer menu. These include sending money to someone using their mobile number, requesting money from others, viewing pending requests, splitting a bill among multiple people, and making QR code payments at shops and restaurants. Processing fees, if any, are set by individual financial institutions. The system is expected to support QR payments across more locations soon, expanding how people pay in daily life.

The core features of the service include the ability to send money within a few seconds, request a payment from someone else, divide expenses among several people, manage pending requests, and pay using QR codes. All transactions made through this platform are limited to a maximum of Dh50,000 per transfer, ensuring secure and controlled movement of funds.

Aani is an initiative operated by Al Etihad Payments, a subsidiary of the Central Bank of the UAE, and was launched in October 2023. The service only supports domestic transfers within the country and works exclusively through UAE-licensed financial institutions. So far, dozens of banks and exchanges in the country have joined the system, including national and international names ranging from major local banks to digital-focused institutions and exchange houses. For users who prefer a dedicated app, Aani is also available for download on Apple and Android devices, though using it still requires an account with a licensed UAE institution.

In short, Aani brings everyday payments in the UAE a step closer to being fully digital, fast and effortless — all with nothing more than a mobile number.

Advertisement

Hot News
UAE Cardholders Alert: How to Outsmart the New 3.14% Overseas Transaction Fee
UAE Cardholders Alert: How to Outsmart the New 3.14% Overseas Transaction Fee
Travelling abroad is set to become a little more expensive for UAE cardholders starting September 22, 2026. If you use your UAE-issued credit or debit card internationally—whether it’s in a Paris boutique, a Singapore ATM, or an American online store—you’ll now face a higher fee of 3.14% on each transaction.While that may not seem significant at first glance, it adds up quickly. A Dh5,000 overseas spend could now cost you an extra Dh157 just in fees—an expense many travellers don’t factor into t
Finance
Finance
Escape High-Interest Debt Fast and Free Up Cash in Dubai
Escape High-Interest Debt Fast and Free Up Cash in Dubai
Struggling with high-interest debt? You’re not alone—and you don’t have to stay stuck. Whether it’s credit cards, personal loans, or surprise expenses, there is a way out. With the right strategy, you can break free from debt faster and take back control of your finances.Step 1: Build a Smart Plan and Stick to ItPaying off debt isn’t something you can do on autopilot. The key is to create a clear repayment plan and stay consistent. Start by listing all your debts, their balances, and their inter
Finance
Finance
Buying Term Insurance in Your 40s and 50s? Here’s Why Delaying Could Cost You Big
Buying Term Insurance in Your 40s and 50s? Here’s Why Delaying Could Cost You Big
If you’re in your 40s or 50s and thinking about term insurance, the clock is ticking. Term insurance is calculated based on risk—the older you are, the higher the probability of illness or death, and the higher the premium you’ll pay. Waiting even a year can double your costs, and more importantly, leave your family exposed.Consider a 42-year-old professional in Dubai who recently decided to buy a Rs 1 crore term insurance policy. His annual premium came in at nearly Rs 28,000. Meanwhile, a coll
Finance
Finance
Want Safe Dividend Income in 2026 and Beyond? Invest in the Following 5 Ultra-High-Yield Stocks
Want Safe Dividend Income in 2026 and Beyond? Invest in the Following 5 Ultra-High-Yield Stocks
These companies provide sustainable income streams to their investors.High-yielding dividend stocks often face skepticism. While a robust dividend yield can signal a greater risk of a future payout cut, this isn't always true. Several higher-yielding dividend stocks deliver consistent, reliable income to investors.Here are five high-quality companies with ultra-high-yielding payouts to buy for safe dividend income in 2026 and beyond.1. Clearway EnergyClearway Energy (CWEN 1.21%) (CWEN.A 1.14%) o
Finance
Finance
Invest in Gold from Just 0.1 Grams: Botim and O Gold Bring Fractional Ownership to the UAE
Invest in Gold from Just 0.1 Grams: Botim and O Gold Bring Fractional Ownership to the UAE
In a landmark step for digital finance in the region, O Gold — the UAE’s first homegrown platform for fractional gold and silver ownership — has partnered with Botim, Astra Tech’s flagship AI-powered fintech and communications app, to launch the Middle East and North Africa’s first integrated gold investment feature.This rollout, following a 2023 agreement, positions Botim as the first fintech ecosystem in the MENA region to embed gold investment services directly into its platform. With over 8.
Finance
Finance
First-Time Credit Card? 6 Smart Tips to Maximise Its Benefits
First-Time Credit Card? 6 Smart Tips to Maximise Its Benefits
Getting your first credit card is an exciting step toward financial independence. Beyond convenience, it gives you the chance to build your credit history, which is crucial for future loans, mortgages, and other borrowing. Using your card responsibly from the start can set you up for long-term financial success. Here are six essential tips for first-time credit card users.1. Keep Your Spending Under ControlAvoid spending more than you can comfortably repay. Experts recommend using no more than 3
Finance
Finance
4 Smart Ways Side Hustles Can Boost Your Retirement Savings in the UAE
4 Smart Ways Side Hustles Can Boost Your Retirement Savings in the UAE
At some point, many of us take a hard look at our savings and wonder if we are truly on track for retirement. For me, that wake-up call came in my early thirties when I realized I had only a few thousand dollars saved. Instead of panicking, I turned to side hustles as a way to speed up my savings. Within just two years, I was able to grow my retirement fund by more than $100,000 by combining freelance income with my regular salary. Here are four strategies that helped me — and can work for anyon
Finance
Finance
Top sectors UAE NRIs can invest in now
Top sectors UAE NRIs can invest in now
As India’s economy powers ahead across diverse sectors, UAE-based non-resident Indians (NRIs) are finding a wider range of attractive opportunities to invest back home. Eased regulations, strong sectoral expansion, and digital access channels are opening new doors for overseas investors aiming to secure long-term returns.
Finance
Finance
Comment

Advertisement

Avoid These 5 Costly Mistakes to Protect Your Wealth
Achieving a retirement portfolio worth over $1,000,000 is a milestone worth celebrating—especially considering global data shows that many retirees enter their golden years with far less. If you’re among the successful few who’ve built a seven-figure nest egg, congratulations. But now comes the harder part: managing that wealth wisely so it supports your lifestyle for decades to come.In the UAE—where life expectancy is rising and lifestyle expectations remain high—having $1M may be enough to ret
Avoid These 5 Costly Mistakes to Protect Your Wealth
How UAE Residents Can Use ChatGPT to Save Money on Travel, Shopping, and Daily Expenses
With artificial intelligence rapidly expanding, tools like ChatGPT are becoming indispensable for both professional and personal use. With over 400 million weekly active users, this AI chatbot is proving to be a powerful resource, and one of its standout applications is helping people save money in practical ways. Here’s how UAE residents can leverage ChatGPT for smarter spending.Finding Cheap FlightsOne of the most popular ways to save is by booking cheaper flights. ChatGPT can search multiple
How UAE Residents Can Use ChatGPT to Save Money on Travel, Shopping, and Daily Expenses
Amazon Stock Dips: Is Now the Time for Long-Term Investors to Jump In?
Amazon is no longer just an e-commerce giant. Over the years, it has expanded into cloud computing with Amazon Web Services (AWS), digital advertising, streaming services, audiobooks, music, pharmacy, and grocery retail through Whole Foods, transforming into a diversified tech powerhouse.For a long time, Amazon shares were seen as essential but often too expensive for many investors. With recent market movements, however, the question arises: has Amazon finally reached a price point that makes i
Amazon Stock Dips: Is Now the Time for Long-Term Investors to Jump In?
Can ILOE help you pay off your loan after job loss?
Losing your job can bring serious financial stress — especially if you have outstanding loans. Many UAE residents wonder whether banks can use their gratuity or unemployment insurance (ILOE) payments to settle debts. The answer isn’t always straightforward, but understanding your rights can help you manage this period with greater confidence.
Can ILOE help you pay off your loan after job loss?