In a significant development for digital payments in the UAE, noon payments, in collaboration with NEOPAY, has launched the AANI Instant Payment System. This revolutionary solution simplifies, accelerates, and secures payment processes for merchants across the country. AANI, the first of its kind in the UAE, is seen as a crucial step in the country’s transformation in the digital payment sector.
AANI Instant Payment has been developed in alignment with the UAE’s broader financial modernization goals, particularly in parallel with the UAE Central Bank’s Financial Infrastructure Transformation (FIT) program, and supports the national Al Etihad Payments initiative. This collaboration aims to drive financial innovation and create a more efficient and secure digital economy.
AANI Ensures Instant Payment Collection
The AANI platform allows merchants to collect instant payments from their customers via mobile numbers, email addresses, or QR codes. This system provides a seamless and effortless payment experience for both businesses and consumers. Customers authorize payments directly through their banking apps or the AANI app, ensuring fast, secure, and reliable transactions.
AANI Utilizes NEOPAY’s AI-Powered Solutions
The new system offers merchants the ability to receive instant payments, improving cash flow and significantly reducing delays in payment processing. Using NEOPAY’s expertise in artificial intelligence (AI)-powered solutions, AA NI helps businesses achieve better cash flow management while lowering transaction costs compared to traditional payment methods.
Gadia: noon payments Empowers Businesses with Digital Payment Solutions
Mosam Gadia from noon payments stated, “At noon payments, we are committed to empowering small and medium-sized enterprises (SMEs) with smarter, faster, and more cost-effective digital payment solutions. AANI Instant Payments supports businesses in the UAE, while also aligning with the Central Bank’s vision for financial innovation.”
Pradhan: We’ve Enabled AANI in E-Commerce
Abhijit Pradhan from NEOPAY highlighted AANI’s role in the evolution of digital payments in the UAE: “Our collaboration with noon payments and Al Etihad Payments represents a significant milestone in the UAE’s digital economy. By enabling AA NI in e-commerce, we are offering businesses real-time, secure payment solutions while also supporting the country’s vision for a cashless future.”
Andrea Cianchetti from Al Etihad Payments added that the new system simplifies the process for both customers and merchants: “AANI makes paying and receiving payments incredibly simple. Customers no longer need to share card details; they can complete payments instantly using just a mobile number or QR code. For merchants, this means smoother transactions, faster access to funds, and an overall better customer experience.”
Supporting E-Commerce in the UAE
AA NI Instant Payments promises to revolutionize e-commerce in the UAE by offering merchants a faster and more efficient alternative. With its AI-powered features and commitment to secure transactions, AANI is shaping the future of digital payments. This development increases financial accessibility and supports economic growth in the region.
The collaboration with leading partners like noon payments and NEOPAY represents a significant step towards establishing the UAE as a global hub for digital commerce and innovation.
