ZelaaypayAE in its efforts to bring the banking sector into the crypto world has allied itself with Dapi – that gives us direct access and on-ramp API to a payments ecosystem that comprises of 14 major banks all over UAE. Dapi is the bridge between your app and your user’s bank accounts. Our unified open banking API allows you to retrieve data on user’s financial information and make payments with a quick single integration.
Utilizing its alliance with Dapi, users will be able to have a seamless user experience with any bank related activity as well as reduce the cost and time associated with integrating financial services into your product. According to the release, gone are the days when your users needed to leave your platform or physically go to the bank. Forget about any middlemen handling your company’s financial transactions; your focus should be on the functionality of your application, while Dapi makes connecting to banks simple, scalable and secure.
ZelaaPayAE will be utilising this Unified Payments Interface and leveraging it to build intuitive AED on-ramps for major exchanges and will also use this technology in our products as applicable to advance fiat-to-crypto conversions, we now have direct payments and tech access to the below financial institutions: RAKBank , Commercial Bank of Dubai, CITI Bank, Abu Dhabi Islamic Bank , First Abu Dhabi Bank, Dubai Islamic Bank, Emirates Islamic, South Indian Bank , Mashreq Bank ,Noor Bank ,LIV Bank, , Mashreq Neo , Emirates NBD and Abu Dhabi Commercial Bank
Just a month ago ZelaapayAE signed an agreement as well with Digibyte for crypto credit card utilization at POS points. In addition ZelaapayAE was recently listed on Probit exchange. ZelaapyaAE launched its operations in the UAE in May of 2020.