PhonePe Gets UAE Payment Licence Approval, Moves Closer To Launching Overseas Payments Business
PhonePe has moved closer to establishing its first regulated overseas payments business after receiving in-principle approval from the Central Bank of the UAE (CBUAE) for two payment licences, Reuters reported. The Bengaluru-based fintech company said the approval marks an important step in its international expansion plans. PhonePe prepares for UAE payments launch The company has completed the…
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