Telr, a leading digital payments provider in the MENA region, has been granted a Retail Payment Services License (RPS) by the Central Bank of the UAE. This milestone enables Telr to expand its merchant acquiring services and enhance its payment aggregation solutions, reinforcing its position as a trusted leader in the digital payments space.
With this approval, Telr is poised to revolutionize payment systems within the UAE by providing businesses of all sizes with secure, efficient, and compliant payment solutions. This aligns with Telr’s ongoing commitment to technological advancement and innovation in digital payments.
Khalil Alami, Founder and CEO of Telr, expressed his gratitude for the Central Bank’s trust, emphasizing how this recognition will fuel further innovation and empower businesses in an increasingly cashless economy. Telr is already recognized as a pioneer in the UAE’s digital economy, recently being included in the Future 100 initiative and the Forbes Middle East Fintech 50 List.
Telr provides seamless digital payment solutions across the UAE, KSA, Bahrain, and Jordan, with features such as e-wallet integrations, BNPL (Buy Now, Pay Later), financing, and split payments for marketplaces. As a PCI-certified gateway, Telr offers secure, instant payment acceptance across web, mobile, and social media, helping businesses accelerate their growth in the digital economy.
Founded in 2014, Telr offers payment handling in over 120 currencies and 30 languages, serving a wide range of businesses with solutions that include Visa, Mastercard, Apple Pay, PayPal, and more. Through a single integration, Telr provides access to every payment method, offering a one-stop solution for the e-commerce world.
