WPS Payroll Solutions

WAGES PROTECTION SYSTEM:

Wages Protection System (WPS) is an electronic salary transfer system that allows institutions to pay salary (wages) through approved and authorized agents approved by Central Bank of the UAE, consisting of Banks, Money Exchanges (Under C Category) and Financial Institutions.
The system, developed by the Central Bank of the UAE, allows the Ministry of Labour to create a database that records wage payments in the private sector to guarantee the timely and full payment of salary.

WPS is processed to credit the employee’s bank account or the salary card. We are one of the first exchange house to introduce Wages Protection System in UAE along with a special salary card named “EZEE PAY” which provides special privileges to the employer and employee.

“EZEE PAY” – Benefits
  • Timely and efficient processing of wages at any of our branches
  • FREE withdrawal (one transaction per month) of cash from any ATM in UAE
  • FREE withdrawal of cash from any of our branches
  • Every employee has the privilege of sending remittance to India and Sri-Lanka at AED 15/- for every transaction.
  • Shopping privileges at any retail outlets.

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WPS Service Charges

    • Registration Fee - NIL
    • Processing Fee - AED 6 per month per employee
    • ATM Card charges- One time - AED 10/-

Documents Required

  • WPS Agreement (Available in downloads)
    • Valid Trade license of company
    • List of employees
    • MOL Computer card
    • Passport and Emirates ID Copy of the Owner / Manager / Partner
    • Power of Attorney of the signatory
    • Emirates ID copy of all employees

Download Documents