Dubai Aims for 90% Cashless Tourism by 2026 with Emirates and flydubai
Dubai is driving its digital transformation in the tourism sector, aiming to reduce cash payments to just 10% by 2026. The Dubai Finance Department, Emirates, and flydubai have joined forces to achieve this, aligning with Dubai's Economic Agenda (D33) and promoting fintech innovation. In 2024, Dubai welcomed over 18.7 million tourists, presenting a significant opportunity for digital payment adoption. Both Emirates and flydubai, with their extensive international networks, will target these tourists and travellers, enhancing the digital payment experience. Emirates, with its 14 payment gateways and fully digital loyalty program Skywards, is well-positioned to lead this change.
The Dubai Cashless Strategy, projected to boost economic growth by more than AED 8 billion annually, seeks to achieve 90% cashless transactions across both government and private sectors by the end of 2026. Memorandums of Understanding (MoUs) signed between the parties will foster collaboration, with expertise exchange, technical know-how, and best practices for cashless solutions being key areas of focus.
Through these partnerships, Dubai is set to become a global leader in cashless tourism. The strategy promises significant economic growth and a more seamless, modern experience for visitors. With the support of Emirates and flydubai, Dubai is well on its way to achieving its ambitious cashless targets by 2026.
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