Uae Pushes Power To Digital Payment

Central Bank of the United Kingdom United Kingdom (CBUAE) on July 23 has announced new regulations to promote digital payment activities in this country. The direction of digital payment is blooming in many countries. Artwork: BNews / TTXVNTheo Reporter VNA in the Middle East, This is CBUAE's latest efforts to enhance customers' safety in retail payment services and payment operations. Applying a new licensing mechanism for active payment service providers or wishing to deploy one of the 9 Payment Services in UAE, including issuing payment accounts and releasing tools Payment, Payment account information services, domestic money transfer and cross-border .

.. CBUEE governor, Mr. Khaled Mohamed Balama said digital conversion is rapidly reducing internal payment services Global and global
cbuae is not outside this "game" and is encouraging many types of electronic payments, as well as supporting innovation and competition. The goal is to establish the highest standards to ensure the safety and risk management for customers. Safe and uniform payment, thereby helping to stabilize financial infrastructure. After officially applying these regulations, the UAE will provide a long-term transition period for translation providers The payment case can receive the corresponding license from CBUAE./.Valu (P / v VNA in Cairo)

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