Ziina allows UAE bank account holders to use their smartphones to send and receive money as easily as sending a text message without IBAN or swift code. The app is available on the Apple App Store and Google Play Store for download.
Ziina is the latest addition to the Middle East’s fintech ecosystem and is capitalizing on the region's rapid adoption of fintech friendly regulation.
Based on user research from its core target demographic, Ziina plans to gradually introduce several value-added services such as QR code integration, prepaid cards, and utility payments, amongst others. In the medium-term, Ziina will integrate different revenue streams. For POS solutions and prepaid cards, Ziina will take a small percentage fee on all transactions from vendors.
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