klip - Digital Cash

Doesn’t matter if you have a bank account or not, klip will change the way you use your money. If you are a UAE resident and have a UAE issued mobile number, klip will allow you to say goodbye to physical cash forever.

The World of klip

klip is the result of a partnership between 15 UAE national banks. It is managed and operated by Emirates Digital Wallet LLC, which operates in compliance with Central Bank of UAE rules. klip is a unique and highly efficient payments platform that works without the need of having a bank account.

Why klip?

Shorter Queues, Safer Receipts, No Small Change Needed


You can use klip to pay for items in the shop or online. It keeps a record of your purchases, and it's secure. You don't need a bank account, and you can top it up as you go.


If you want to send money home, to your family members or a friend or colleague, klip is your natural choice. Simply SMS them the transfer, and it is in their klip account immediately.


Just like a wallet, klip keeps your money for when you want it, but is safer. And if you lose your phone, or it breaks, no problem. Your money remains totally safe.


The quick and easy functionality of klip will allow you to tailor it to most frequently sold items, and receive payments efficiently so you can avoid queues at the check-out


klip is perfect for buying new stock. You can pay your suppliers with proceeds from current sales to ensure quick delivery and no shortages of items.


klip is the answer to your headache of keeping track of sales and income. It provides you with a running report of all transactions which you can tally daily or whenever you need to.


Frequently Asked Questions

Emirates Digital Wallet LLC owns and operates klip, which is the UAE’s Digital Cash Platform. This is a nation-wide initiative to make UAE cashless and supports the UAE government’s initiatives to drive digital transformation. klip is an app which allows money to be spent, remitted or stored digitally.

Emirates Digital Wallet LLC was jointly set up by the leading UAE national banks. It is regulated by the UAE Central Bank. Member banks are FAB, ADCB, ADIB, Mashreq Bank, DIB, CBD, RAK Bank, Al Hilal Bank, SIB, Al Masraf, Bank of Sharjah, Invest Bank, UAB, NBF, and NBQ.

Apart from establishing and operating the 24/7 platform it has Issue its own branded digital wallet app for customers (individual or businesses) with stakeholder banks, other banks or unbanked customers, and manage the member bank limits, set and regulated through SLAs between it and the stakeholder/member banks to allow for continuous operation.

Anyone who is a resident of the UAE and has an active UAE SIM card. The beauty of klip is that like having cash in your pocket. You do not have to have a bank account. You can use it like you use cash. This means that it is also available to those residents in the UAE who do not qualify for a bank account. klip is also perfect for shops and other outlets, reducing cash payments and storage, and allowing the immediate use of proceeds.

EDW, which operates klip, has three principal aims:

  • ➤ The first is to support the UAE government's strategy to drive digital transformation across the economy and society.
  • ➤ Secondly EDW aims to realise the Central Bank's desire to reduce and ultimately remove cash in circulation in the UAE economy so as to make it more efficient and to minimise fraud and the risks inherent in the use of cash
  • ➤ Thirdly EDW reflects the government's desire for better financial inclusion primarily for the unbanked in the UAE economy

There are many features that make klip unique. It is the only payments system in which so many national banks have collaborated and have ownership. It is available whether or not you have a bank account – there is no minimum requirement, other than being a resident of the UAE and having a SIM card. klip is instant, and when a klip transaction is made no personal financial data is transferred. klip operates in compliance with UAE Central Bank rules. No other payments system has all of these features.

For payment it works in many ways like a debit card, only the funds will be transferred to the payee or recipient immediately. But it can also be used to store funds and remit them to others. klip will be widely acceptable in the UAE including the range of physical and e-commerce stores.

You don't need to have a bank account and this is one of the principal benefits of klip.

Yes. They are currently set at AED 10,000 per transaction or AED 25,000 held in a klip account.

klip is very secure. EDW's operations meet the highest international technology and security standards. The klip platform managed by EDW is integrated with the systems of its member banks so that transactions it supports are protected to the same extent as those performed by the banks for their customers. However, klip maintains no deposits, nor does it hold or transmit any financial or personal data.

Contact Us

Get in Touch With Us

Abu Dhabi

A: AL Salam HQ Building , Office 501 , PO Box 63559

    Abu Dhabi, United Arab Emirates

T: +971 (4) 801 9099

E: info@klip.ae


A: The Galleries , Building 4 , Level 12, Office 1201, Jebel Ali

    Dubai, United Arab Emirates

T: +971 (4) 801 9099

E: info@klip.ae