PhonePe Secures In-Principle Approval From UAE Central Bank for Two Payment Licences
Indian Startup Times
September 22, 2026
Startup News
PhonePe Secures In-Principle Approval From UAE Central Bank for Two Payment Licences
Digital payments platform PhonePe has secured In-Principle Approval (IPA) from the Central Bank of the UAE (CBUAE) for two payment licences, marking a key step in the company’s plans to establish its regulated payments presence in the UAE. The approval covers the Retail Payment Services and Card Schemes (RPSCS) licence and the Stored Value Facilities…
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