Payroll Management Solutions

At Mawarid, we endeavor to provide Shariah compliant products and services, which are aimed at customer convenience and support the local business community too. In line with this mission, we have launched the Ojoor Payroll management card issuance program. The Ojoor payroll card offers an open-loop pre-paid salary card to employees, allowing them to receive their salaries via the card. The Ojoor card also provides the wage earners the convenience of withdrawing money directly from their cards through ATM machines and at our channel partners.

The Ojoor card has been designed to uphold the Ministerial decree of 2009 on Protection of wages, and is aimed to bring enhanced financial security for wage earners and more streamlined and transparent ways of transferring employee salaries for companies.

Why Mawarid Finance for Payroll management support?

At Mawarid we understand the need for small and medium sized companies to have payroll flexibility. Our personalized payment plans offer freedom and customer reports to business owners. With our services you will gain access to simple and affordable payment operations.

Features & Benefits of Payroll Cards

Mercury card certified provides faster transaction process times

Chip & pin offers card holders protection against financial loss

Ojoor DDA - most advanced security features

International ATM access - Multi-brand ATMs for cash withdrawal across UAE and intenationally

The Global POS Ojoor card can be used for retail transaction at any MC approved merchant

E-Commerce Ojoor card is enabled for on-line purchases from e-commerce websites

Shortest process time - Ojoor Cards for new employees can be delivered in 48 hours

Card Validity - the Ojoor card once issued is valid for 5 years

FREE e-statement - cardholders receive their monthly salary account statement on their e-mail

SMS alerts and SMS notification for Salary upload, ATM withdrawal and POS transactions

Fees & Charges:

One Time Set-up Fee: AED 100 – AED 500

Card Issuance Fee: AED 10 per card

Monthly Admin. Fee: AED 5 per file processed

Other Charges: Applicable as per policy

WPS Payroll Solutions in UAE

As a business, we know it is important for you to be compliant with the laws and legislations of the place in which your business operates, as well as being assured that your business transactions are handled in a secure manner. Mawarid’s Ojoor WPS Management solution provides enterprises with a safe electronic salary management system to process their WPS payroll payments. Our solution is designed to protect companies from the security hassles related to transporting cash for payroll disbursal.

WPS Solution Management

Our Ojoor WPS Management has been developed according to UAE Ministerial decree of 2009 on Protection of money, introducing a more enhanced financial security for salaried professionals.

Why Mawarid Finance for WPS payroll management?

Mawarid Finance provides your company with the finance facility to pay your employees salary conveniently and on-time. Based on the Islamic mode of Murabaha, Mawarid Finance lets you tailor a package that not only meets your business requirements, but also assists in improving benefits for your staff.

One of our specialist sales representatives will visit your company to verify your documents before beginning the application process.

Features of the solution:

• Fully compliant with UAE government’s Wages Protection System

• Competitive set-up and monthly fees

• Fast and convenient processing

• Full and comprehensive set of WPS services

• Wages distribution via two channels (Bank accounts & Ojoor card)

• WPS solutions (Ojoor cards) for your un-banked employees

Fees & Charges:

One time set up fee per trade license: AED 1,000

Monthly processing fee per month per employee: Starting at AED 5

Fee per salary information file (SIF): NIL

Ojoor Payroll card issuance fee per card: AED 10