Arab Financial Services Expands into UAE with Retail Payment Services License
Arab Financial Services (AFS), a leading digital payment solutions provider in the Middle East and Africa, has officially expanded into the United Arab Emirates (UAE) after securing a Retail Payment Services License – Category II from the Central Bank of the UAE.
Samer Soliman, CEO of AFS, described the license acquisition as a major milestone in the company’s regional growth strategy. “We are excited to introduce our innovative payment solutions in the UAE, a country known for its forward-thinking approach to digital transformation. Our advanced services will provide consumers and businesses with greater convenience, security, and financial empowerment,” he stated.
Backed by $150 million in funding, AFS plans to leverage its expertise and cutting-edge technology to enhance financial accessibility, support economic growth, and drive the evolution of digital payments in the UAE market.
About The Author
