Complex Made Simple

ADCB launches mobile payment service

Abu Dhabi Commercial Bank (ADCB) has launched a new payment system that enables customers to make payments using their mobile phone number. The new Mobi service, which will be used for frequent low-value purchases, does not require cash, a card or a mobile phone to be used. Instead, payments are made using a memorised mobile phone number, without the need for a phone at all, the lender said.