Tag: Retail Payment Services
STARTUP/TECHNOLOGY PhonePe Gets UAE Central Bank Nod For Payments, Card Scheme Licences

PhonePe has secured in-principle approval (IPA) from the Central Bank of the UAE (CBUAE) for two licences, marking the Indian digital payments platform’s first international market entry. The approvals cover Retail Payment Services and Card Schemes (RPSCS) and Stored Value Facilities (SVF). The IPA follows the successful completion of the initial regulatory due diligence and […]

CW Bureau · Sep 22, 2026