Wednesday, February 27, 2013

Ministry of Finance to launch e-Dirham G2

The Ministry of Finance, or MoF, announced that as of Wednesday, the first generation of the e-Dirham system will be suspended while all data and calculations will be transferred to the second generation system instead.

MoF calls all partners and clients to utilise the new system, where it will enable all federal and local bodies that will adopt it to complete all necessary requirements and procedures in addition to providing e-systems that allow them to benefit from its services.

The e-Dirham G2 is a system with multiple benefits that offers unique services in the areas of revenue collection and payment of fees via the Internet. It also encourages the use of virtual money and e-transfers in order to reduce the security concerns relating to carrying cash, timely transaction routines and efforts needed for protection, audit, and classification.

Read more: http://www.khaleejtimes.com/kt-article-display-1.asp?xfile=/data/uaebusiness/2013/February/uaebusiness_February476.xml&section=uaebusiness

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