klip by Emirates Digital Wallet is a revolutionary wallet solution and is UAE's digital cash platform.
A nationwide initiative:
A UAE Banks Federation initiative, jointly setup by 15 leading UAE National banks & regulated by UAE Central Bank, to make UAE cashless & allow you to spend, transfer or store money digitally.
Features & Benefits
Load your wallet from your bank account
Move money from wallet to bank account
Send money to other wallet holders
Receive money from other wallet holders
Merchant payment using QR code or mobile number
Still got questions?
Emirates Digital Wallet is an own-brand digital app that is offered by member banks to their customers (who can be consumers or small business) to access and use. The app will also be available for use directly from Emirates Digital Wallet by anyone who is resident in the UAE.
Mashreq is a partner bank in this intiative and one of the first to launch the integration with Emirates Digital wallet to abide with the regulations as directed by Central Bank of the UAE. As part of this integration, Mashreq will promote cashless payments for the UAE market whereby customers can move their funds and make purchases without the need to use cash.
It is the world’s first and only payments system in which so many banks have collaborated and have ownership. It is available whether or not you have a bank account – there is no minimum requirement, other than being a legal resident of the UAE and being over 18 years of age. It is regulated by the UAE Central Bank.
The brand name of the domestic digital cash scheme owned by Emirates Digital Wallet LLC and which is an integration of Mashreq Mobile Banking with Emirates Digital Wallet.
No, it is absolutely free to use.
All Mashreq customers holding account and registered for Mashreq Mobile Application.
You can register for KLIP in few simple steps:
• Login to Mashreq Mobile App
• Click Digital Payments from the left side menu
• Tap on KLIP, and accept T&C
• Enter OTP received on your registered mobile number
• Get successful pop-up confirmation for wallet registration
Simply register for KLIP, follow simple instructions to transfer funds, and look for KLIP participating merchant where you do your purchase. If you want to send money you simply make sure they also have KLIP, and the transfer is made very easy. You can leave cash in your account, as you would your wallet, and have it available when you need it. You can redeem your balance instantly via instant transfer to your bank account.
It is very secure, The KLIP platform is regulated by the Central Bank of UAE. You can use Mashreq mobile authentication for login.
Wherever you can see KLIP logo. Shops, restaurants, transport, online – Just look for KLIP registered merchant.
You can either transfer funds directly to KLIP from your bank account or top-up funds from an ATM from one of the participating bank.
Download Mashreq Mobile App
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