Workers Equity Holding (WEH), a UAE-based payroll processor, and Luup, mobile solutions provider, have partnered to bring a comprehensive mobile money transfer solution to the market.
The agreement will WEH’s customers to seamlessly remit money home from their mobiles, in partnership with financial institutions.
Ibrahim Darraz, general manager at WEH, said: “Workers Equity plays a crucial role in offering payroll cards and electronic salary disbursement services under the umbrella of the UAE Central Bank Wage Protection System (WPS). The agreement with Luup, intended to mobile enable international remittances directly from payroll cards, offers a lifeline to thousands of families.”
Morten Hofstad, regional director of Luup, said: “The scope of the agreement is for Luup to integrate its mobile money transfer solution with WEH’s payroll solution. With financial institutions as further partners for remittances, workers will have access to instant and easy-to-use financial services.”