Abu Dhabi: Are you tired of carrying multiple bank cards and remembering personal identification numbers (PIN)? Your plight will end soon.
The national ID card issued by Emirates Identity Authority (Emirates ID) will soon replace ATM and credit cards. National ID cards will be used for financial transactions as part of a cooperation agreement between Emirates ID and financial institutions, a senior official told Gulf News on Monday.
“The ID card will be used for authentication processes to verify the identity of the cardholder. The ATMs [machines] or credit card terminals will process the financial transactions,” Dr Ali Al Khoury, Director General of Emirates ID, said.
allows the bank to apply the advanced capabilities of the EIDA ID cards to all services it provides at all its branches across the UAE. Information embedded in the ID is obtained via an e-Reader to simplify and speed up service delivery and enhance the ability to verify a client’s identity while protecting their personal interests.
