Weyay Bank offers digital Eidiya for the third year in a row
Continuing its annual tradition, Weyay Bank, the first digital bank in Kuwait, is keen to provide digital 'Eidiya' through its mobile application. This service is part of the Bank's ongoing commitment to facilitate the process of sending and receiving 'Eidiya' simply and quickly, without the need to go to the bank or use ATMs and other traditional "Eidiya" services. This aligns with the Weyay Bank's efforts to keep pace with technological developments and provide its customers with an innovative banking experience that always meets their needs.
Through this digital service, which contributes to improving customer experience and providing more convenience during Eid Al-Fitr, Weyay Bank aligns with the vision of the Central Bank of Kuwait to enhance digital transformation in the banking sector and develop the financial system in Kuwait to keep pace with the latest global technologies.
One of the most prominent features of Weyay Bank's "Eidiya" service, which reflects its understanding of its customers' needs, is the ability to determine the amount the sender wishes to send as "Eidiya". After the customer creates an "Eidiya" request link through the Weyay app and adds a greeting message, the recipient of the link can determine the "Eidiya" amount, providing flexibility in choosing the appropriate amount. The Bank also offers the "Eidiya Link" service for Jeel cardholders, aged between 8 and 14 years old. This step aims to educate this age group on how to deal with financial technology and develop their skills in digital banking services, contributing to the development of a generation capable of dealing with digital payment tools in the future.
With the activation of the new "Wamd" service in the Weyay app, Weyay cardholders can instantly send "Eidiya" through 'Wamd', powered by The Shared Electronic Banking Services Company (KNET), providing customers with a unique experience in terms of speed and security while transferring "Eidiya" between bank accounts.
In this context, Amal Al-Duwaisan, Head of Weyay Bank, said: "The 'Eidiya' service, which Weyay Bank offers for the third year in a row, is part of the Bank's digital solutions that always meet customer requirements on every occasion and evolve to ensure the enhancement of customer experience, and we are proud to add the new "Wamd" service by 'KNET' this year. We also recognize the importance of 'Eidiya' in our culture, and we strive to present it in a modern way that aligns with the lifestyle of youth and younger generations, contributing to building a conscious and empowered generation in an increasingly digital world."
Weyay Bank continues its leading role in providing innovative banking solutions, offering access to banking services easily and securely through its mobile app. The 'Eidiya' service will be available to all Weyay Bank customers during the last days of Ramadan and throughout Eid Al-Fitr on the Weyay app, providing families with a safe and convenient way to celebrate such a special occasion with their loved ones.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
2 days ago
- Khaleej Times
Dubai: 10,000 children get Eidiya from authority in 'cherished tradition'
In a heartwarming gesture, authorities in Dubai have distributed Eidiya (Eid gift money) to 10,000 children, an authority said on Thursday, June 5. The children were from families benefitting from Community Development Authority services, the statement said. Hessa bint Essa Buhumaid, Director General of CDA, said: "The Eidiya is not just financial support; it's a heartfelt message meant to bring joy to children during these blessed days and to make them feel valued and cared for." "Giving Eidiya is a cherished tradition in our culture, and the happiness it brings to children is truly priceless,' she added. This was organised under the 'Eidiya' initiative, and in collaboration with the Endowments and Minors' Trust Foundation (AWQAF Dubai). The initiative also aligns with the goals of the 'Year of Community'. Earlier, Dubai Police in an effort to make Eid special for female inmates distributed clothing and organised special programmes as part of their ongoing humanitarian and social efforts.
Sharjah 24
2 days ago
- Sharjah 24
SRTA launches ‘On-Demand Buses' service in Sharjah
Flexible, direct mobility solution This innovative service offers passengers a flexible and direct mode of transport from their homes to their daily destinations, particularly in areas not fully served by the current public bus network. It promotes the concept of an integrated transport system across the emirate. Engineer Yousef Khamis Al Othmani, chairman of the Sharjah Roads and Transport Authority (SRTA), emphasised the need for a flexible, sustainable public transport system in light of Sharjah's rapid urban and population expansion. The On-Demand Buses service reflects SRTA's vision for reducing private vehicle use, thereby lowering congestion and carbon emissions. Enhancing quality of life through smart transport Al Othmani added that public transport is central to improving quality of life and mobility within the emirate. SRTA continues to invest in modern transport technologies and expand smart services for all while committing to a safe and sustainable transport environment that aligns with Sharjah's strategic vision for a more balanced and prosperous urban future. Affordable, smart and user-friendly The first phase includes two buses operating daily from 6:00 am to 10:00 pm, with a nominal fare of AED 8 per trip. Children under five travel for free. Users can request and track buses in real time via a smart app, which also allows for cashless payments and instant quality feedback. The system enables users to set their pick-up and drop-off points without being restricted to fixed bus stops or schedules, offering flexibility tailored to residents' and visitors' needs. The service facilitates convenient travel from residential areas to daily destinations, including commercial centres, restaurants, service facilities, and workplaces—reducing dependence on private cars and improving overall accessibility. Smart features Abdulaziz Al Jarwan, Director of Transport Affairs at SRTA, stated that buses are equipped with internal surveillance cameras to ensure a safe travel environment. Linked to AI systems, the buses collect real-time data on passenger numbers, demographics, and usage patterns, enabling data-driven decision-making for improved operations and future planning. The buses are also equipped to accommodate people of determination, with features that ensure easy boarding and movement. The launch coincided with the Eid Al-Adha holidays—an ideal time due to increased travel activity. The initiative is part of SRTA's long-term strategy for a scalable, smart, and sustainable transport network. The first phase will be evaluated to guide potential expansion to other areas in the future, in line with SRTA's mission to improve quality of life and ensure accessible mobility for all.
Khaleej Times
2 days ago
- Khaleej Times
UAE: Bank accounts for Eidiya? How some parents teach children value of saving
As the spirit of Eid brings families together across the UAE, many parents embrace a modern approach to an age-old tradition of saving their children's Eidiya in dedicated bank accounts. Eidiya, a cherished cultural practice in which children receive gifts often in the form of money from relatives during Eid Al Fitr and Eid Al Adha, has long been a source of joy for little ones. But today, many parents also see it as an opportunity to teach the value of saving from an early age. Amna Abdulaziz Al Nuaimi, mother of two-year old Aisha, told Khaleej Times she deposited her child's Eidiya into a bank account as soon as possible. 'She gets around Dh4,000 to Dh5,000 annually from family and friends on special occasions such as Eid,' Amna said. 'I save it all for her. I plan to keep saving all the money she receives until she's old enough to spend it wisely.' For Amna, separating her daughter's funds from her own is key. 'It's important to have a clear way of saving your children's money,' she said. 'If you mix it with your own, you forget what's theirs and what you've already spent.' Fatma Al Tenaiji, a mother of three, shares the same philosophy. She has opened individual bank accounts for her children Mohammed (10), Meera (6), and Ghanem (2) and deposits both their monthly savings and Eidiya gifts. 'Each month, I transfer Dh100 into each child's account. During Eid, they usually receive Dh300 to Dh400 each. I let them enjoy 25 per cent of that, and the rest goes straight into their savings,' said Fatma. Um Hasher opened accounts for her children Hasher (7) and Almaith (5) early on because she felt they deserved a place that was truly theirs to collect and manage their money. She explained that Eid and other festive occasions often bring cash gifts from all relatives: uncles, aunts, grandparents, and even neighbours. 'A bank account helps us track exactly how much our kids receive,' she said. 'Everything is organised and transparent. We don't lose track of the amount, and it helps us teach the kids how to divide their money between spending and saving.' Um Hasher makes it a point to document everything right after the Eid celebrations. 'I usually gather all the money, record the total, and then decide with the child how much we'll deposit into the account and how much they can keep to spend on simple treats,' she said. 'I never want to take away the joy of Eid from them, so I always let them keep a small amount to buy something they like while the rest goes into their savings.' By adopting these habits, parents across the UAE are not only protecting their children's financial gifts but also instilling early lessons in money management. Many say starting small, like saving Eidiya, can plant the seeds for future financial responsibility.
