A platform for sustainable digital payments has been developed in the UAE
The startup of the chairman of the Fintech Association of the Middle East and North Africa, Namer Khan, has launched an innovative online platform that aims to help businesses integrate the principles of sustainable development into the basis of digital payments.
Fils will ensure the sustainability of the digital payments infrastructure. Using the capabilities of advanced technologies, the platform allows businesses around the world to track their carbon credit needs, gives them the opportunity to act in accordance with the core business values - environmental, social and corporate governance (ESG).
The launch of Fils is of particular importance on the eve of the UN Climate Change Conference (COP28), which will be held from November 30 to December 12 in Dubai, UAE.
"Climate change is an urgent problem that cannot be ignored; however, many companies fail to integrate climate change measures into their activities. ESG values will not go anywhere thanks to the demands of consumers and investors for greater transparency and social responsibility of business," the company said.
Combining both legal entities and individuals, the revolutionary platform makes it possible to receive digital payments faster, safer and with greater transparency.
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