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Amazon Payment Services obtains Retail Payment Services licence

October 18, 2023

Amazon Payment Services, a digital payments provider operating across the MENA region, has been granted a Retail Payment Services licence by the UAE Central Bank.

The press release states that this licence enables Amazon Payment Services to unlock a better offering for its merchants across the country, through products and services, directly improving the experience for their customers.

Additionally, obtaining the licence strengthens Amazon Payment Services’ position as a payment service provider in the UAE, where the company facilitates payment processing for hundreds of merchants including small to medium-sized businesses.

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