In the UAE, many hard-working employees don’t have access to traditional bank accounts. For low-income workers, meeting strict bank requirements can be tough, leaving them to handle cash wages without the security and convenience of digital banking. For businesses, paying unbanked employees in cash isn’t just time-consuming; it’s costly, challenging, and risky.
At NOW Money, we’re changing that. Our mobile banking solution is designed to make banking accessible for everyone, especially unbanked workers. With our digital payroll service and easy-to-use mobile app, we’re giving employees safe, instant access to their salaries and the tools to manage their money—all while simplifying payroll for businesses.
Why Unbanked Employees Need a Better Banking Option
Many low-income workers in the UAE aren’t able to open bank accounts because of high minimum balance requirements and other criteria they just can’t meet. This leaves them with few options for managing their money, and they’re often stuck handling cash, which isn’t secure or practical.
This cash dependency makes things complicated on payday, both for employees and employers. Businesses need a reliable, safe way to pay workers—without spending hours distributing cash or worrying about security. That’s where digital payroll with NOW Money comes in.
How can NOW Money make a difference for businesses and their employees?
1. Direct Salary Transfers to the Mobile App
With NOW Money, salaries are paid straight into employees’ mobile accounts. Employees can access their money right from the NOW Money app, saving them a trip to an exchange house or the need to handle cash. Businesses benefit from streamlined payroll, and employees get the convenience of instant, secure access to their pay.
2. Convenient Mobile Banking
Our mobile app provides all the essentials, including balance checks, transaction history, and secure transfers. The app is available in multiple languages, so workers from diverse backgrounds can fully understand and use the service. It’s simple, secure, and designed for users who may be new to digital banking.
3. Low-Cost International Remittances
Sending money home is a top priority for many unbanked workers, and the NOW Money app makes this easy and affordable. Employees can send funds to family abroad right from their phones, saving on exchange fees and avoiding long lines. This feature gives workers a way to support loved ones securely and at a lower cost.
Real Stories from UAE businesses
A large cleaning company in Dubai, with hundreds of unbanked employees, used to spend hours distributing cash on payday, which was risky and inefficient. Since switching to NOW Money, the company now pays employees directly into their mobile accounts. Workers get instant access to their salaries, and the company saves hours on payroll every month. It’s a safer, faster solution that works for everyone.
In another example, a logistics company with a large team of drivers found it challenging to manage payroll for employees scattered across the UAE. With NOW Money’s digital dashboard, the company’s payroll team now has real-time visibility into payroll expenses and transactions.
Why Businesses Should Support in Employee Banking Options
Providing banking access isn’t just about convenience—it’s about building a more supportive workplace.
Better Efficiency: Digital payroll takes the time and guesswork out of salary payments, which is a huge advantage for companies with large teams. NOW Money’s mobile banking solution makes payroll fast, simple, and error-free.
Increased Security: Cash payments can be risky for both employers and employees. Digital payroll minimises the need for cash handling, reducing security concerns for everyone.
Improved Employee Satisfaction: Having easy access to salaries and financial services gives employees peace of mind. They can manage their money with ease, which leads to greater job satisfaction and loyalty.
Simplify Payroll Processing with NOW Money
Helping employees access banking isn’t just about meeting payroll requirements; it’s about giving workers the financial tools they need to thrive. With NOW Money’s mobile banking solution, UAE businesses can support their teams with secure, convenient payroll, while saving time and streamlining processes.
