According to Amac News: Citing the "Khalij Times", this card allows employees to receive their salaries without opening a bank account.
Ras Al Khaimah Economic Zone (RAKEZ) has signed a memorandum of understanding with EdenRed UAE, a global provider of payment solutions, to implement this project.
Using the C3Pay card, employees can receive their salary directly and use it at ATMs, stores and online shopping.
This initiative is designed to provide financial solutions to facilitate the payment process for people who may not have access to traditional banking services.
Rami Jalal, General Manager of RAKEZ Group, said that this initiative will help workers to receive their salaries easily.