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Finovate Global: Talking Fintech Regulation in the European Union with EverC’s Maya Shabi

Finovate

Additionally, weak credit checks and poor due diligence practices heighten the risk of users falling into financial overextension. Egyptian financial services company Paymob secured a Retail Payment Services (RPS) license from the Central Bank of the UAE. raised $4.5 in seed funding.

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Stabilising The Crypto Frontier: UAE’s Groundbreaking Stablecoin Regulations

The Fintech Times

Licensed Multilateral Trading Facilities ( MTFs ) utilising their own fiat tokens as payment mechanisms within their platforms do not need an additional licence, provided tokens stay within the platform, subject to reconciliation requirements.

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What is a Payment Gateway and How Does It Work?

Stax

That’s why you need toremember these charges and ask your potential payment gateway provider what hidden fees they may charge, and see what other providers might offer in terms of the overall cost. Learn more about our retail payment processing solutions.