Saudi-headquartered Tap Payments has received a Retail Payment Services licence from the Central Bank of the United Arab Emirates.
 
The new licence enables Tap Payments to offer its payments suite, which supports over 20 different payment methods, to businesses in the UAE.
 
It completes Tap Payments' regulatory approvals across all six Gulf Cooperation Council (GCC) countries, adding to its existing permits in Saudi Arabia, Kuwait, Qatar, Bahrain and Oman.
 
Founded in 2014 Tap Payments currently serves more than 120,000 enterprises, and maintains offices in Cairo, Doha, Dubai, Kuwait, London, Manama, Muscat and Riyadh.
 
In November 2024, the fintech partnered with Mastercard to launch a solution that enables online shoppers to select their Mastercard at checkout and authenticate payments using biometrics.

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