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PhonePe gets UAE central bank’s in-principle approval for payments, wallet licences

Posted on September 23, 2026
By Financial Express
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1 min read

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PhonePe gets UAE central bank’s in-principle approval for payments, wallet licences

PhonePe receives in-principle approval from UAE Central Bank for retail payment and stored value licenses, aiming to support domestic payment rails Aani and Jaywan before launching operations.