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PhonePe receives in-principle approval from the UAE central bank for payment licenses
economy5 h ago
PhonePe receives in-principle approval from the UAE central bank for payment licenses

According to CNA Business, PhonePe said on Sept 22 it received in-principle approval from the UAE central bank for two licenses covering retail payment services, card schemes, and stored value facilities, a key step toward launching locally licensed operations in the UAE. The report notes the licenses cover two categories and will enable local operations.

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