E-wallets are virtual wallets that stores payment card information on a mobile app. Its also known as Digital Wallets or Mobile Wallets, e-wallet service providers list their empanelled merchant stores in their app where you can make contactless in-store payments in a very convenient way via wallet app.

It’s the same as your credit card or debit card but it offers a host of other benefits. An E-wallet needs to be linked with your bank account or debit card to make payments.

Here are some of the most popular E-wallets in UAE that will help you in going digital and contactless too.

1. Google Pay
2. Emirates Digital Wallet
3. Samsung Pay
4. Beam Wallet
5. E Wallet by Etisalat
6. Apple Pay
7. WePay
8. Alipay

Do you think that moving into a new employer will affect your credit score? And that your credit score depends on your salary? Well, it’s time to have you in for a surprise. Here are 8 myths busted about credit score UAE that you thought were true.

Myth 1: A bad credit score lasts forever
Myth 2: Checking your credit hurts your score
Myth 3: Debit cards can build your credit score
Myth 4: Employer check your credit scores
Myth 5: Student loans don’t affect my credit score
Myth 6: A great credit score doesn’t really matter
Myth 7: Higher Salary means a higher credit score
Myth 8: You just have one credit score