The UAE has a thriving digital economy and many residents are now using digital payments to pay for goods and services. The UAE Central Bank, Abu Dhabi Commercial Bank, Emirates NBD, HSBC, Mashreq Bank and Standard Chartered have all started to offer online banking services. Some of the most common payment methods in the UAE are -Cash on delivery: This is a popular option for those who don   t have access to credit cards or PayPal, Online banking: This is one of the easiest ways to make payments and can be done from anywhere in the world, Credit cards: Credit card payment through Visa or MasterCard can be made through any website that accepts them and PayPal: This is an international e-commerce company that allows users to send money without sharing their credit card information with merchants. Hosted payment transfer technologies are the most common type of payment technology in the world today. These are usually accessed through a web browser or a mobile app and they use a secure connection to transfer funds from one account to another. Payment transfer technologies work by connecting two accounts, often with bank accounts or credit cards. The user enters their account number and the amount they want to send and the transaction is completed using an electronic funds transfer. Hosted payment technologies can be used for any type of transaction, including international transactions, but payments made through hosted payment technologies are not instantaneous as it can take up to three days for the money to reach its destination.