Clients of «E& Emirates» will soon be able to use AE Coin, the first payment token licensed by the Central Bank of the UAE and fully backed by the dirham, to pay bills, top up balances, and complete a range of digital transactions within the «E&» ecosystem in the UAE. Under the agreement, «E& Emirates» will begin integrating AE Coin into its system. The token is licensed by the «Central Bank» and backed by the dirham. It is designed for paying mobile and internet bills, topping up balances, and completing digital transactions. «E& Emirates» has signed a memorandum of understanding with local Al Maryah Bank to implement AE Coin payments across various «E&» channels and digital platforms.
