How about make something new for all the people that the salary is below 5k, for example easy card that can transfer money to other card or can use to other country or buy online. So the people that has below 5k salary can experience and will not feel outcast. Ofcourse you can make terms and condition and policy or rules and regulations about the card, and make it different than the people that has 5k up salary.
FYI - some company in uae they not give bank card they're just take their salary sometimes hand to hand sometimes in money remittance. And if the people want to buy something online they just use COD and the COD is not good sometimes because you need to pay more when COD.
I suggest to make withdraws on the saving account for small amounts .. for example for every 3000 in the account the customer will get a coupon to enter the withdraw.
For a small amount of premium, which can be payable monthly, quarterly, bi-annual or annually, the insured is covered and provided with pension equivalent to their monthly salary for a max of 3 months (or more depending on the amount of coverage availed) while they go looking for a job after losing their current one due to either:
1. Company is bankrupt and is forced to close
2. Contract expiration.
The insured will then be able to have pension while they are looking for a job.
The premiums will be earning dividends and if within the year the premium is not used, the insured will earn a part of the dividend.
A bitcoin wallet address integrated with the existing account would be very useful and innovative to keep up with the latest technology and to increase income gateways .
As per Government reports, 50 % to 70% of SME loans are rejected by banks, due to lack of a proven record of SME operation or due to insufficient collaterals to secure the loan
There could be a possibility that banks can enable crowd finance for small loans to their customers. A customer could seek funding on their digital bank for a small project, and the funding can be crowd financed by the bank's customers.
The bank could bring their expertise in credit score and underwriting to enable easy lending with minimal fees as the loan is crowd sourced by the bank's customers.
https://www.beehive.ae is a crowd sourcing platform in UAE
My city rewards
استخدام البطاقه داخل الدولة للحصول على نقاط ،والجديد ان تكون لها ميزه في شرطة المرور ، من حيث دفع المخالفات : توفير خاصية التقسيط 3/6 أشهر
الحصول على نقاط عند دفع المخالفات
الحصول على نقاط عند استخدامها في بعض المطاعم
يمكن استبدال النقاط ب استرجاع نقدا محدد
Account will be opened for accumulating the value of business brand as in Intellectual Property Object. For account owner will be free such services as registration of IP-objects, preparation pf strategy for IP-monetization, legal protection and law enforcement in case of violating IP-rights.
يعتمد هاذ المنتج على آلية تمويل السفر و لكن بملغ أقل ( يبدأ من 5000 درهم ) و لمدة زمنية أقل ( تبدا من 3 أشهر و تصل حتى 48 شهر ) برسوم إدارية تعتمد على المبلغ المطلوب ( 3% أو 200 درهم أيهما أكثر)
5 or more friends combine an equal contribution for 5 or more months with each member of the group getting the lump sum contribution on a pre-set time for each month. For example, friends A,B,C,D and E combine to create a ballot committee worth 5000 AED payable in equal contribution of 1000 each for 5 months. Each member of the group agrees when one would receive the total contribution (5000 combined monthly from 1000 equal contributions). After one member receives their contribution, they continue paying their share of 1000 for each of the remaining months until all members have paid and received their agreed contribution.
Concept of ballot committee is very popular in South Asia, especially amongst women and has been ranked one of the top 3 channels of personal savings.
Banks often offer a job loss protection to customers when they take finance/borrow. In case of lob loss, the bank gets upto 6 months of payment protection whereby the customer's burden of settling his debt for upto 6 months is taken over by an underwriter. Additional to this could be a Loss of income support, where the same underwriter for a small premium for the duration of the finance can make a small contribution of the monthly salary (say upto 50% of basic pay) for upto 6 months. that way, the customer has some income coming in for 6 months while he looks for a job.