Dubai Leaders Highlight Cashless Success
Dubai launched its strategy to transition to a cashless society, achieving its objectives two years ahead of schedule. This reflects Dubai's status as a leading hub in digital transformation and digital payments. The results showed a decrease in cash use among tourists from 24% to 22%, and an increase in merchants' acceptance of digital payments from 81% to 91%. Additionally, there were improvements in the happiness of small and medium-sized enterprises, workers, and tourists, along with expanded reliance on digital solutions. The initiative also reinforced a secure and scalable digital infrastructure, aligning with the aspirations of the digital economy and societal well-being.
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