Telr has secured a Retail Payment Services License (RPS) by the Central Bank of the UAE, marking a transformative milestone in its mission to drive financial innovation and seamless digital transactions. After successfully meeting all regulatory conditions and requirements through a thorough approval process, this prestigious approval allows Telr to expand and revolutionize merchant acquiring and enhance payment aggregation solutions within the UAE.
This strengthens Telr’s position as a trusted, forward-thinking payment provider, delivering a cutting-edge, secure, and efficient suite of solutions for businesses of all sizes. By advancing its technology and broadening its compliant offerings, Telr continues to empower merchants, accelerate business growth, and redefine the future of digital payments in the UAE.
Khalil Alami, Founder and CEO of Telr, expressed his gratitude, “We are honored by the Central Bank of the UAE’s trust and recognition. This achievement cements our role as a pioneer in digital payments, fueling our drive for innovation and empowering businesses to thrive in an increasingly cashless economy.”
Telr powers digital commerce across the UAE, KSA, Bahrain, and Jordan with seamless payments, e-wallet integrations, BNPL, financing, and split payments for marketplaces. As a PCI-certified payment gateway, Telr provides businesses with unified APIs for secure, instant payment acceptance across web, mobile, and social media, ensuring a frictionless digital payment experience.
TagsCentral Bank of the UAE Retail Payment Services License Telr Edit Post
