The UAE Roads and Transport Authority (RTA) along with Automated Fare Collection System and Technical Support Services Sector have appointed Al Ansari Exchange to manage transactions of RTA e-purse.
Launched in 2013, the e-purse service offers companies a secure payments channel for the bills to be paid to the Licensing Agency, such as vehicle ownership renewal service, and traffic fines.
As a part of its joint venture with the agencies, Al Ansari will introduce the service across 130 of its branches in the UAE.
RTA Automated Fare Collection System director Khalid Al Awadi said that the launch of the service is part of RTA’s efforts to boost its partnership with the private sector in diversifying the service delivery channels and further the Smart Government of Dubai.
"The e-purse is a new service for companies and entities enabling them to pay fees and offences pertinent to licensing services such as vehicle licensing, payment of fines, transfer, ownership among other services in an extremely smooth, speedy and safe manner," added Al Awadi.
The e-purse can be created through an application for opening an account with the RTA via several electronic and manual channels.
The customer then deposits a specific amount in RTA’s account via bank transfer, and accordingly will be able to use this purse in paying for the fees and fines due in order to clear the required licensing transaction.