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Paymob announced the organization of a strategic event at the Innovation Center of the Emirates Institute of Finance (EIF) in the United Arab Emirates. The event was attended by senior officials from the Central Bank of the UAE, various government entities, and leaders from the fintech ecosystem, reflecting the country’s ongoing commitment to advancing the digital economy and fostering a world-class innovation environment.

The company highlighted that the event provided a platform to strengthen collaboration between regulators, innovators, and solution providers. It also supports the development of the digital payments sector and the accelerated adoption of modern financial technologies in the UAE market.

Paymob emphasized that obtaining its individual payment services license from the Central Bank of the UAE represents a strategic milestone in its regional expansion journey. The license enhances its capability to develop a comprehensive payments infrastructure that supports businesses and merchants while aligning with the UAE’s vision for a future-ready digital economy.

The company expressed appreciation for the support and trust it receives from the regulatory and innovation ecosystem in the UAE and affirmed its commitment to continue delivering integrated payment solutions to drive digital transformation and strengthen collaboration with partners and stakeholders in the coming phase.