UAE expands digital payment systems in taxis and VAT invoicing

The Ajman Transport Authority announced that its digital payment project for taxis is now 100% completed, allowing passengers to pay fares via QR codes, mobile phones, POS terminals and contact‑less card readers. The initiative aims to speed up transactions, improve security and reduce cash dependence while supporting sustainability goals for the emirate’s transport sector.

In parallel, the United Arab Emirates is promoting the adoption of electronic invoicing to meet Federal Tax Authority VAT requirements. Oracle’s e‑invoicing solution, highlighted for its integration with ERP systems, real‑time analytics and enterprise‑grade security, is presented as a way for businesses of all sizes to ensure compliance, reduce manual errors and enhance operational efficiency. Both developments illustrate the UAE’s broader push toward digital transformation across public services and the private financial ecosystem.