Dubai Pushes Cashless Policy, Targets 90% Digital Transactions by 2026

Dubai (Qudrat Roznama) – The Dubai government has reaffirmed its commitment to its cashless strategy, aiming to make 90% of all financial transactions digital by the end of 2026. The initiative focuses on expanding secure and seamless digital payment systems across both public and private sectors.

According to reports, the policy is part of Dubai’s broader vision to strengthen its digital economy, financial innovation, and business environment. Under this strategy, digital systems are being further integrated into government payments, while the use of cards, mobile payments, and digital wallets is being promoted across retail, restaurants, services, and small businesses.

Officials noted that as of 2023, around 97% of Dubai government transactions were already conducted digitally. The transition is expected to generate an economic impact exceeding AED 8 billion annually by 2026, marking a significant shift in the emirate’s financial ecosystem.

For the Pakistani community and other expatriates, this move signals a growing reliance on digital channels for everyday payments, utility bills, shopping, and remittances, while dependence on cash is expected to gradually decline. The initiative reflects Dubai’s ambition to position itself as a smart, cash-light, and highly connected urban economy