DSGPay is proud to announce the official launch of AED Payouts and Named Virtual Accounts, a powerful new feature designed to simplify and localise AED transactions for businesses operating across borders.
This latest innovation enables DSGPay clients to collect and send AED locally within the UAE while operating entirely remotely, without the need to open a UAE bank account. It marks a significant expansion of DSGPay’s payment capabilities and addresses growing demand for efficient local currency operations in the UAE market.
With this release, businesses can now:
- Collect AED Locally
Accept payments from UAE-based customers in their local currency to improve cash flow and customer experience. - Send AED Payouts via Domestic Rails
Disburse funds directly to UAE bank accounts using local payment infrastructure, reducing reliance on SWIFT and cutting transfer costs and settlement times. - Operate with Named Virtual AED Accounts (IBANs)
Each business receives a dedicated AED virtual account under its own name, complete with a UAE IBAN. This enhances brand recognition, transparency, and trust during transactions. - Support Any Business Model
The feature supports B2C, B2B, and C2B use cases, making it ideal for exporters, service providers, platforms, and remittance operations. - Access 30+ Currencies
Fund and convert from over 30 global currencies, including USD, SGD, HKD, EUR, and more, all within a unified platform. - Manage Payments Anywhere
Seamlessly integrate through DSGPay’s secure API or manage transactions on the go via the DSGPay mobile app and web dashboard.
This release underscores DSGPay’s commitment to building secure, scalable, and accessible financial infrastructure for SMEs, platforms, and enterprises operating across Asia and the Middle East.
To learn more or activate AED capabilities for your business, contact our team.
