An alliance to update wage protection services in the Emirates

Ajman Bank has announced a strategic partnership with the Mensa platform, the Emirati company specialized in financial technology solutions, with the aim of developing the wage protection system system (WPS) and enhancing its effectiveness at the state level.

This partnership combines the solid banking infrastructure of the Ajman Bank, and the advanced digital solutions provided by “Mansa”, to provide smooth and safe services to pay salaries, compatible with organizational requirements, and meet the needs of multicultural workforce in the country.

This cooperation comes within the framework of the two parties ’commitment to support the national agenda of the UAE, by consolidating the concepts of financial inclusion and operational innovation. The partnership provides an advanced solution of the new generation of wage protection cards, facilitating the salary management process, and provides safe and organized digital financial services, enabling workers of various income levels, including those who do not have bank accounts, from access to financial tools that go beyond traditional cash systems.

“This partnership reflects the focus of the strategic bank of Ajman on the integration of innovation into the banking infrastructure to serve the national agenda,” said Mustafa Al -Khalafawi, CEO of Ajman Bank. By integrating flexible digital solutions with our financial services compatible with Sharia, we contribute to developing the wage protection system in a safe, compatible, and expandable manner. This approach enables employers to fulfill their organizational obligations efficiently, and at the same time expands the scope of access to banking services for limited income groups.

With the development of the financial system, the Ajman Bank continues its commitment to providing purposeful innovation that enhances the value of customers, and contributes to enhancing the flexibility of the economy.