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PhonePe gets in-principle nod from UAE for first locally licensed overseas payments business

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at

Walmart-backed PhonePe has received in-principle approval from the UAE central bank for two payments licences, paving the way for its first locally regulated payments business outside India. The company plans to work with local banks and payment providers and explore the UAE’s domestic payment…

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PhonePe gets in-principle nod from UAE for first locally licensed overseas payments business · TechNews