Despite the UAE’s push towards a cashless economy, traditional practices like rent payments via cheques are slowing progress. While card payments are expected to exceed $150 billion in 2025, the persistence of cheque-based transactions highlights the need for further digitization efforts.Despite the UAE’s push towards a cashless economy, traditional practices like rent payments via cheques are slowing progress. While card payments are expected to exceed $150 billion in 2025, the persistence of cheque-based transactions highlights the need for further digitization efforts.

Source: ABGI