AJMAN - As part of its efforts to further improve the efficiency of its services using fast and reliable digital solutions, Ajman Free Zone has announced its strategic move to link its digital services with Ajman Pay, a smart digital payment portal, to provide an innovative payment option that will meet the demands of businesses and investors based in Ajman.

The signing of a Memorandum of Agreement was done virtually through UAE Pass between Fatima Salem, Acting General Manager of Ajman Free Zone, and Marwan Ahmed Al Ali, Director General of Ajman Department of Finance.

Salem highlighted that the agreement aims to fast track and streamline business solutions and transactions through a smart digital channel, in line with the goal of the emirate to adopt a digital economy, in a bid to deliver exceptional services. This, she said, will significantly reduce time and effort on the part of businesses, thereby creating more satisfied customers.

"We are pleased to have signed this strategic partnership with Ajman Department of Finance to support the emirates shift towards digitalisation. We are confident that this will provide excellent services that will ensure customers happiness. In addition, it reflects our keenness to always provide steadfast support to all investors," Salem said.

"Ajman Pays multiple payment channels will provide easy payment options allowing our services to be available at the fingertips of our investors. The services linked with Ajman Pay include the processes in establishing a new company, licensing, renewal, permits, amongst others," she added.

Meanwhile, Al Ali praised the move of Ajman Free Zone to maximise all viable digital technology tailored to simplify business processes that boost customer experience. He also conveyed the support of Ajman Department of Finance to Ajman Free Zone in creating smart government solutions for all businesses that would advance further economic growth in the emirate.

"We are glad to be the first to support Ajman Free Zone by transforming all of their services into digital platforms. We are always keen to go the extra mile to promote the economic competitiveness of Ajman and to establish its leading position in the field of digital transformation. This cooperation with Ajman Free Zone aims to meet the aspirations and needs of companies planning to operate in the emirate as well as those already operating within it."

Al Ali added that Ajman Pay provides a unified payment system for Ajman Free Zone, which provides high capabilities for timely monitoring of all government revenues and assists in creating accurate financial reports that aid in strategic decision making.

This strategic agreement, in line with the guidance and directives of our wise leaders, affirms the endeavours of the two entities in promoting the economic sustainability of the emirate by placing Ajman as an attractive investment environment for businesses.

Copyright Emirates News Agency (WAM) 2020.