DIB signs Direct Debit agreement with emaratech

Dubai Islamic Bank (DIB) has signed an agreement with emaratech, the leading Emarati technology and management consulting company, to facilitate electronic Direct Debit payments. Using noqodi, a payment gateway engineered and powered by emaratech, DIB customers will be able to set up Direct Debits to pay for a range of bills and services.This service is scheduled to be launched by the end of 2013.

noqodi is an efficient and comprehensive payment gateway for companies and individuals to makeonline payments. To avail the service, customers need to register at www.noqodi.com. Once registered, they will be able to make Direct Debit payments via DIB’s Online Banking service to pay for government servicessuch as Emirates ID, visas and others.

Musabbah Al Qaizi, SVP-Head of Electronic Banking Services, Dubai Islamic Bank, said: “We constantly assess new technologies that enhance our customers’ overall banking experience with DIB. emaratech’snoqodi payment platform is a simple and safe way for our customers to set up payments for a wide range of essential services, and adds yet another layer of functionality to our e-banking channels.”   

Thani Abdulla Alzaffin, Director General and Board Member, emaratech, said: “We are proud that DIB has chosen ‘noqodi’ gateway to facilitate Direct Debit payments for its customers. The gateway offers customers complete security and significantly improved levels of convenience when paying their bills.”

noqodi has recently been awarded the PCI Data Security Standard, the highest certificate for information security standards from the PCI Security Standards Council, which ensures cardholder and payment information is transferred safely and securely.