‘Raqmiyat - WPS Connect’ Software Launched

DUBAI — Raqmiyat, a UAE-based systems integrator, has launched a unique solution to help streamline the timely payment of wages to over 4 million blue-collared employees 
in the country.

By (Staff Report)

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Published: Fri 5 Jun 2009, 11:20 PM

Last updated: Sun 5 Apr 2015, 9:40 PM

‘Raqmiyat - WPS Connect’ is a new solution designed to work with the UAE Central Bank’s ‘Wages Protection System,’ which is an initiative by the Ministry of Labour along with the Central Bank of UAE.

The new software provides an interface for banks and exchange houses to connect to the Central Bank’s WPS system based on stipulated file formats, which will facilitate automation across all WPS cycles.

“Our track record in providing cutting-edge technologies to the banking industry in the UAE speaks for our capacity to implement strategic solutions, leverage our position as the leading systems integrator in the banking and finance sector to help banks and exchange houses achieve desired results,” said Sairus Bapooji, Assistant Vice-President for Banking and Finance, Raqmiyat.

The WPS system is designed to enable the Ministry of Labour to monitor the payment of wages and create a complete database of the labour workforce.


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