PhonePe receives in-principle UAE central bank approval for payment licences
PhonePe said it received in-principle approval from the UAE central bank for two payment licences covering retail payment services, card schemes, and stored value facilities.
NS) said on Tuesday it received in-principle approval from the UAE central bank for two licences covering retail payment services, card schemes and stored value facilities. The Walmart-backed fintech firm said the approval follows initial regulatory due diligence.