Telr, an award-winning leader in digital payments across MENA, has been granted the prestigious Retail Payment Services License (RPS) by the Central Bank of the UAE. This marks a transformative milestone in Telr’s mission to drive financial innovation and seamless digital transactions in the region.After successfully meeting all regulatory requirements through a rigorous approval process, this license enables Telr to expand its merchant acquiring and payment aggregation solutions, further revolutionizing digital commerce in the UAE.This achievement reinforces Telr’s position as a trusted, forward-thinking payment provider, offering cutting-edge, secure, and efficient solutions for businesses of all sizes. By advancing its technology and broadening its compliant offerings, Telr continues to empower merchants, accelerate business growth, and redefine the future of digital payments in the UAE.Khalil Alami, Founder and CEO of Telr, expressed his gratitude:“We are honored by the Central Bank of the UAE’s trust and recognition. This achievement cements our role as a pioneer in digital payments, fueling our drive for innovation and empowering businesses to thrive in an increasingly cashless economy.”As the UAE’s digital economy continues its rapid growth, Telr remains at the forefront of digital transformation. The company’s recent accolades, including being named in the Future 100 initiative by the UAE Ministry of Economy and securing a spot on the Forbes Middle East Fintech 50 List, further underscore its status as a top digital finance innovator in the region. Telr powers digital commerce in the UAE, Saudi Arabia, Bahrain, and Jordan, providing businesses with a seamless suite of payment solutions.Split payments for marketplaces As a PCI-certified payment gateway, Telr offers businesses a unified API for secure, instant payment acceptance across web, mobile, and social media, ensuring a frictionless digital payment experience.Founded in 2014, Telr is a UAE-based, award-winning payment gateway solutions provider offering a unique platform that supports over 120 currencies and 30 languages. Through a single integration, Telr provides access to a wide range of payment methods, including Visa, Mastercard, American Express, UnionPay, JCB, Apple Pay, PayPal, Samsung Pay, SADAD, Mada, STC Pay, and urpay.Expanding beyond payments, Telr delivers a comprehensive suite of e-commerce solutions, including:Telr Buy Now, Pay Later (BNPL)Telr Finance – a merchant financing programTelr is the first PCI-DSS Level 1 & NESA-certified company in MENA, reaffirming its commitment to the highest security and compliance standards.With this latest milestone, Telr continues to shape the future of digital payments in the UAE and beyond, fostering a more connected, cashless, and innovative financial ecosystem.