The certificate of registration to engage in real estate activities can now be obtained by clients through the Emirates Digital Wallet (EDW), according to a statement released by the Department of Land and Real Estate Regulation in Ajman.
The department’s decision to become the first organization in Ajman to sign up for the Emirates Digital Wallet demonstrates its dedication to an innovative, technology-driven, and sustainable future.
In addition to saving clients time and effort, EDW offers government documents via a single, nationwide platform, guaranteeing secure, dependable, and current data straight from the source with the highest security and oversight standards.
According to its website, the project was started in 2014 under the sponsorship of the UAE Banks Federation with the goal of determining a strategy to lower the amount of cash transactions in the UAE economy.
It oversees and runs Klip, an app that gives users access to a platform designed to enable digital payments within the United Arab Emirates, regardless of whether they have a bank account or not. It is owned by fifteen national banks.
FAB, ADCB, ADIB, Mashreq Bank, DIB, CBD, RAK Bank, Al Hilal Bank, SIB, Al Masraf, Bank of Sharjah, Invest Bank, UAB, NBF, and NBQ are among the EDW’s stakeholders.