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Pay10 Fulfils Long Term Regulatory Plan by Securing Open Finance Licence in the UAE

The Fintech Times

UAE-based alternative payment method (APM) provider Pay10 has secured an open finance licence from the Central Bank of the UAE , enabling it to provide payment initiation services, including variable recurring payments across the country.

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Pay10 becomes first to go live on UAE's Open Finance framework

Finextra

Pay10, a leading Alternative Payment Method (APM) provider headquartered in the UAE announces that it has become the first fintech company to go live in production on the Central Bank of the UAEs (CBUAE) Open Finance Framework, authorizing it to provide payment initiation services including variable recurring payment.

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Five payments trends to watch closely in 2025

The Payments Association

There are a plethora of digital wallets for consumers to choose from in each market, and new alternative payment methods (APMs) are being introduced frequently. Open banking will further fuel instant payments 70% of respondents cited this as a key area of impact for the year ahead.

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Challenges in the card payment industry—Navigating a rapidly changing landscape

The Payments Association

Fintech startups, blockchain technology, and the rise of decentralised finance (DeFi) are proving to be worth challengers to traditional card-based payment systems. The rise of alternative payment methods like cryptocurrencies, mobile payments (e.g., High fees can erode the precious and often narrow profit margins.

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SIPAY partners with INESPAY to offer their payment method Bank Transfer PSD2

The Paypers

Spain-based multi-acquirer PSP Sipay has announced partnering with INESPAY to expand their offer of alternative payment methods including PSD2 Bank Transfer, INESPAY's payment initiation service.

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In The UK, Cash And Contactless Are Vying To Stay On Top

PYMNTS

With cash powering 44 percent of consumer payments, it’s still a very popular method of payment — but, alternate payment methods are cutting into some of its overall share, Cleland said. today has come with the growth of contactless payments. They will only accept a card payment over £5 or £10.”.

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Pay10 Becomes First Entity to go Live on CBUAE’s Open Finance Framework

Fintech Finance

Pay10 , a leading Alternative Payment Method (APM) provider headquartered in the UAE announces that it has become the first fintech company to go live in production on the Central Bank of the UAE’s (CBUAE) Open Finance Framework, authorizing it to provide payment initiation services including variable recurring payment.