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Telr, a Dubai-based digital payments company, has obtained a Retail Payment Services license from the UAE Central Bank, allowing it to enhance its merchant acquiring and payment aggregation services. This milestone reinforces Telr's position in the digital payments sector and supports its mission to drive innovation in a cashless economy. The company offers a range of payment solutions across the UAE, Saudi Arabia, Bahrain, and Jordan, ensuring secure transactions through PCI-certified gateways.
Telr has partnered with Bank AlJazira to enhance digital payment solutions for businesses in Saudi Arabia, supporting the country's shift towards a cashless economy. This collaboration will provide various payment options, including payment links, recurring payments, e-invoicing, and Buy Now, Pay Later (BNPL), while integrating Telr’s technology with the bank's infrastructure to improve transaction efficiency and security. The initiative aims to equip businesses with the necessary tools for efficient transaction management and foster the growth of the digital economy in the Kingdom.
Khalil Alami
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
telr receives central bank license to enhance digital payment services in uae
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Khalil Alami
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06:16 24.03.2025
telr and bank aljazira partner to boost digital payments in saudi arabia
09:53 25.02.2025
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