meaning instant in Arabic, has given UAE residents a whole new way of moving money. Since , UAE's national instant payment platform Aani has made everyday money transfers as easy as selecting a contact from your phone book, reducing money transfer time to under 10 seconds.

Aani is designed to make payments simple. In an era where speed and convenience are the norm, Aani takes the idea of ease to the next level. No more entering lengthy IBANs, adding beneficiaries, and waiting for approvals - a possible error-prone process that could often lead to delays.

With Aani, simply select a contact and the funds are transferred in under 10 seconds and the confirmation is shared with both the sender and the receiver eliminating the uncertainty of the payment status. In addition, the Aani ‘Request Money’ feature makes splitting bills or reimbursing friends quick and hassle-free, becoming a natural fit for the UAE’s fast-moving lifestyle.

Power of partnerships

Aani was launched in October 2023, and the Aani network has scaled to include 57 licensed financial institutions (LFIs) across the UAE, including the country’s largest banks and exchange houses. Many of these institutions have integrated Aani within their mobile apps while others actively promote customer enrollment through their digital channels. This is one the reasons for Aani payment services being available to the vast majority of UAE residents with over 1.4 million enrolled users enjoying convenient, secure and instant Aani payments. Enrollment is as easy as logging into your LFI portal and accepting Aani terms and conditions.

According to Al Etihad Payments, the processes over 500,000 transactions per day and is growing by 27 per cent month-over-month. This dramatic growth in monthly active users and transaction volumes show that Aani is making a real impact and transforming how we pay and get paid in the UAE.

With new users joining every day and LFIs continuing to promote its features, Aani is well on its way to reset how the UAE thinks about money and moving the country closer to a faster, more digital economy.