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The business also launched an online money transfer brand, Money2anywhere.com. XPay; a mobile bill payment application was also purchased in India. [ 7 ] In 2009 it became an Authorised Payment Institution with the UK financial regulator Financial Services Authority (which later became the Financial Conduct Authority ).
Dubai Plus is a city smart card program for government and semi-government employees in Dubai. It was announced on May 12, 2015, by the Department of Economic Development (DED) in Dubai and the Dubai Government Human Resources Department (DGHR) together with National Plus and Network International, a payment service provider .
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The Nol Card (Arabic: نول, lit. fare, stylized as nol) is an electronic ticketing card developed by Hong Kong–based company Octopus Cards Limited [1] that was released for all modes of public transport services in Dubai in August 2009.
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There is no standard definition of a government-owned corporation (GOC) or state-owned enterprise (SOE), although the two terms can be used interchangeably. The defining characteristics are that they have a distinct legal form and they are established to operate in commercial affairs.