Digital Wallet for Electronic Payments License UAE

ISIC classification: Other monetary intermediation (6419)

Typically requires Designated Zone status for VAT purposes

About this activity

Operating consumer and merchant e-wallet mobile applications, peer-to-peer (P2P) transfers, QR code payments, and digital tokenized card storage.

Regulatory requirements

Requires external approval — Central Bank of the UAE (Retail Payment Services SVF Rules)

100% foreign ownershipYes

Facility requirementFintech Commercial Office

Available in: . A detailed per-emirate fee breakdown isn't published for this activity yet — check back soon, or get a scored recommendation for your specific business below.

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