Abu Dhabi: The federal government revenue collected through e-Dirham reached more than Dh2 billion in the first quarter of 2016, up 4.2 per cent from Dh1.92 billion during the same period last year, the Ministry of Finance said on Wednesday.

The number of service transactions done through e-Dirham during the first quarter of 2016 rose 10.7 per cent to yield nearly 10.1 million as compared to 9.1 million transactions during the same period in 2015.

The total payment receipts through the e-Dirham system increased by 24 per cent for the first three months of 2016, nearly 5.1 million receipts in Q1 2016 compared to about 4.1 million receipts in Q1 2015. The number of sold e-Dirham ‘Al Haslah’ prepaid cards reached 2 million by the end of March 2016, the Ministry of Finance said in a statement.

“The figures point to the growing popularity of the e-Dirham system. It is now becoming the preferred mode of payment of individuals, corporate houses, and institutions,” said Saeed Rashid Al Yateem, Assistant Undersecretary of Resources and Budget Sector, Ministry of Finance.

The e-Dirham system is an initiative launched by the UAE Ministry of Finance in 2001, to provide an official electronic payment platform for collection of revenues and service fees of government and semi-government institutions.