The Central Bank of the UAE (CBUAE) has awarded a Retail Payment Services licence to Tap Payments, the MENA-based payment provider, bolstering the fintech’s aim to unify and simplify payments across the region.
Having secured this latest licence from CBUAE, Tap Payments now boasts regulatory approval from every GCC country, making it one of the most licensed payment providers in the MENA region. It holds regulatory approvals in Saudi Arabia, Kuwait, Qatar, Bahrain, Oman, and the UAE.
“This licence is a pivotal step in our mission to unify and simplify payments across the region,” explained Ali Abulhasan, co-founder and CEO of Tap Payments….
