Economy · World
PhonePe Secures UAE Central Bank Approval for Payment Services
Fintech company PhonePe has received in-principle approval from the UAE central bank for two licenses. These licenses cover retail payments, card schemes, and stored value facilities. PhonePe requires final regulatory approval before commencing commercial operations in the UAE.
How outlets across the spectrum covered it
L 1 C 6 R 1
- Left (1): The Telegraph (India)
- Centre (6): Business Standard, Deccan Chronicle, Mint, Reuters, The Financial Express, The Statesman
- Right (1): The Pioneer