🎉 🇦🇪 Checkout.com Set to Launch Local Card Issuing and Digital PSP Services in UAE by 2026

🎉 🇦🇪 Checkout.com Set to Launch Local Card Issuing and Digital PSP Services in UAE by 2026

The initiative is currently awaiting regulatory approval, though it is expected to move forward soon, as it aligns with the UAE’s strategic plan to develop a highly tech-driven financial ecosystem by 2031.

🔻 Background: In 2023, Checkout.com received a license from the Central Bank to provide retail payment services, enabling users to operate with Mada and Apple Pay. In March 2025, it partnered with Tabby, the shopping and financial services app, integrating its BNPL (Buy Now, Pay Later) feature into Checkout.com, strengthening its footprint in Saudi Arabia 🇸🇦 and the UAE.

🔻 What’s next: The new agreement will enable Checkout.com to issue physical and virtual cards, launch customer rewards programs, and streamline B2B payments and expense management.

🔻 The company is also testing a beta version of its Flow Remember Me feature, which allows users to securely save their card details once and reuse them across Checkout.com’s global merchant network.

🔻 Key fact: The total value of payments processed in MENA in 2024 increased by 658% compared to 2020.

#news #MiddleEast

🏦 Payouter.com — looking for traders for processing in 🇮🇳 India: P2P, P2C, Intent. We are waiting for you