PhotonPay granted DFSA Category 3D licence to expand UAE payment network

PhotonPay, an AI-powered financial infrastructure provider, has been granted a Category 3D Licence by the Dubai Financial Services Authority (DFSA). The approval is the company’s first licence in the UAE. Lewison Chen, founder and CEO of PhotonPay, said: "The UAE is one of the fastest-growing payment hubs and an essential corridor in global commerce. This license is a pivotal step towards our mission of scaling comprehensive global coverage and reflects our long-standing commitment to compliance. “We a ...