Dubai, Aug 1, 2025: The UAE is preparing to launch the Central Bank (CBUAE) Digital Dirham, which is a new wave in digital payments in the UAE. Expected in the last quarter of 2025, it would be a digital option of physical cash. Residents and visitors will soon be able to pay in shops and online, will give pocket money, and will transfer funds among friends through all digital means.

Digital Dirham to Change How UAE Pays

The purpose of the Digital Dirham project is to make payment easier and more convenient for all. With a digital wallet, people and businesses can send and receive money at any time. CBUAE has built a strong system to release and use the digital dirham, ensuring that it is safe and reliable. The goal is to become an important part of daily life for Digital Dirham, making digital payments in UAE more common and efficient.

CBUAE tested Digital Dirham in many real-world matters. He used it for partial asset ownership, a smart tourist purse, social benefits, and parents and children. A test was conducted by the Ministry of Community Development using Digital Dirham to distribute food subsidies with special rules. They could control where this money was spent, and in real time, it was seen how people used their benefits.

A new app is also ready, which gives users the ability to choose wallet providers, pay, and use UAE digital wallets for various requirements. With digital dirham, people will find it easy to shop, pay bills, or send money, which will lead to rapid and safe transactions.

Also Check: Indian Currency Exchange Rate Hits 23.88 INR per UAE Dirham: Best Remittance Opportunity for Indian Expats

Simple, Secure, and for Everyone

Digital dirham is easy to use. It will work for many payment types, including in-store, online, and even for people or businesses. The new UAE digital wallet will also allow government payments, such as benefits, to be made quickly and safely. This means that people without bank accounts, as well as non-residents, can use digital payments in the UAE. Over time, more people, including the currently involved people, have been included – this easy and safe payment method will be accessible.

The currency will not be interest-earning, so it is to be spent, not to save. CBUAE assured that Digital Dirham would regularly work with cash and bank deposits, not replace them. This means that cash users can easily switch to digital wallets without any concern.

CBUAE has planned to work with other countries and banks to make digital payments in the UAE, and is strong and more associated with the world. Border-cross transactions and smart contracts will be simple, helping businesses and tourists equally.

Benefits

• Easy and fast payments everywhere in the UAE.
• Safe and more trackable government benefits.
• More financial services for people.
• Support for tourists and non-residents.
• Schemes for smart facilities, such as cross-border use and offline payment.

Digital Dirham is expected to promote innovation in the UAE and modernize digital payments. With features such as full fungi, offline use, and border capacity, it makes the UAE digital wallet a flexible and powerful tool for all.

The CBUAE Digital Dirham will present step by step, ensuring that people feel safe using it. This will help create a phased launch trust and encourage the entire country to adopt new methods to pay. Residents, visitors, businesses, and government services are all ready for the future of digital payments in the United Arab Emirates with the upcoming digital dirham.

Read More: Want to Work in Spain? Spain Visa from UAE Now Easier Than Ever