New regulations overhaul regulatory framework for digital payments in the UAE.
Key points:
..The new Stored Value Facilities (SVF) Regulation repeals and replaces the 2017 SVEPS Regulation governing digital payments...more
New Regulations balance innovation in the payments sector with safety, security and maintaining the public’s trust in the UAE payment ecosystem.
After a long period of consultation, on 1 January 2017 the Central Bank in...more
New Regulations balance innovation in the payments sector with safety, security and maintaining the public’s trust in the UAE payment ecosystem.
After a long period of consultation, on 1 January 2017 the Central Bank in...more