Sharjah Finance Department links Tahseel system with global payment wallets

The first Government Department to take this step in the UAE

  
His Excellency Waleed Al Sayegh

His Excellency Waleed Al Sayegh

Sharjah: The Sharjah Finance Department (SFD) has started the procedures for linking and integrating the smart receipt system “Tahseel” with the global digital payment wallets Apple Pay, Google Pay and Samsung Pay, in cooperation with Mashreq Bank, for e-commerce via the internet and apps. The move is considered the first of its kind in the United Arab Emirates, which aims to facilitate payment processes in completing government transactions.

Customers of the smart receipt system "Tahseel", currently about two million people, can now pay through digital wallets Google Pay, Apple Pay, and Samsung Pay, which provide customers with the ease of completing payments in a safe and seamless way, whilst maintaining privacy and security levels.

The first step of its kind in the UAE

His Excellency Waleed Al Sayegh, Director General of Sharjah Finance Department said, “Connecting the smart receipt system, Tahseel, with global electronic payment wallets is the first step of its kind in the UAE, and it comes as a continuation of the Department’s quality approach, and within the framework of our development strategy. The move aims to benefit from modern technologies in easing and speeding up procedures, whilst falling in line with precautionary measures taken by the UAE to tackle the coronavirus.”

Accelerate digital transformation

Huda Al Yasi, Director of Financial System Department at SFD, affirmed the keenness of the Department to provide the latest means of payment through smart channels for customers of the collection system, which raises the rates of customer satisfaction and facilitates them, in line with the directions of the Sharjah Government to reduce the burden on auditors from local government departments, companies, and individuals. The Department is one of the first government departments in the country to make this connection, which comes within the framework of its constant keenness to accelerate the pace of digital transformation and enhance the leadership of the emirate in building a sustainable knowledge economy.

Vibhor Mundhada- SVP, Business Manager- Acquiring & Strategic Alliances at Mashreq Bank, said, “ Mashreq is proud of its long standing partnership with Sharjah Finance Department. By facilitating new payment methods such as ApplePay, SamsungPay and GooglePay, Mashreq ensures that Sharjah Finance Department has a wide range of choices available to cater to the rapidly evolving demands of customers. Mashreq continues to strive towards providing innovative solutions to facilitate convenience, security and transparency in managing and conducting transactions across multiple payment channels.”

 "Tahseel" system

The “Tahseel” system is a comprehensive platform for processing digital financial payments in real time. It provides new and innovative means to pay transaction fees and services to the Government of Sharjah and meet the special needs of the SFD and its government partners, which go beyond what other platforms offer in the financial sector. The system provides several services for electronic payment of transactions through special payment channels, including: the electronic payment gateway, the smart application on smart devices, Rafid transactions through all Sharjah Islamic Bank channels, and Rafid transactions via the electronic chat application.

The vision of the Sharjah Finance Department is to seek financial leadership on a global level, by developing innovative technologies to achieve financial stability and sustainability. The vision relies on three main strategic directions: financial stability and sustainability, innovative financial services, and a stimulating internal environment.

The SFD works to achieve a number of strategic objectives that lie in managing, developing and providing cash liquidity, developing a performance budget system, implementing integrated and effective financial policies, building a global model in public finance, enabling smart transformation, and implementing seven-star services. The department strives to empower national human resources; developing a culture of excellence, innovation, and managing institutional performance.

Send us your press releases to pressrelease.zawya@refinitiv.com

© Press Release 2021

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases