{"id":83819,"date":"2026-09-04T17:18:00","date_gmt":"2026-09-04T17:18:00","guid":{"rendered":"https:\/\/english.saigonbiz.com\/vn\/?p=83819"},"modified":"2026-09-05T00:04:46","modified_gmt":"2026-09-05T00:04:46","slug":"xtransfer-secures-in-principle-approval-for-retail-payment-services-licence-from-uae-central-bank","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/xtransfer-secures-in-principle-approval-for-retail-payment-services-licence-from-uae-central-bank\/","title":{"rendered":"XTransfer Secures In-Principle Approval for Retail Payment Services Licence from UAE Central Bank"},"content":{"rendered":"<p><em>Strengthens Trade Connectivity Across the Middle East and Africa<\/em><\/p>\n<p align=\"left\">DUBAI, United Arab Emirates, Sept.  04, 2026  (GLOBE NEWSWIRE) &#8212; <strong>XTransfer,\u00a0<\/strong>World\u2019s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has secured <strong>in-principle approval for a Retail Payment Services Licence from the Central Bank of the UAE<\/strong>, marking another important milestone in the company\u2019s global regulatory expansion and growing presence in the Middle East.<\/p>\n<p align=\"justify\"><img loading=\"lazy\" decoding=\"async\" alt=\"UAE poster\" data-mce-style=\"display: block; margin-left: auto; margin-right: auto;\" height=\"600\" src=\"https:\/\/ml.globenewswire.com\/Resource\/Download\/da037eaa-a131-44da-b6e0-8a75031c1283\/uae-poster.jpg\" style=\"display:block; margin-left:auto; margin-right:auto;\" width=\"480\" data-dpi=\"72\" data-caption=\"XTransfer secures in-principle approval for a retail payment services licence from CBUAE.\" data-filename=\"UAE poster.jpg\" \/><\/p>\n<p align=\"justify\"><em>XTransfer secures in-principle approval for a retail payment services licence from CBUAE.<\/em><\/p>\n<p align=\"justify\">Upon completing the pre-issuance conditions, the licence will enable <strong>XTransfer to serve mainland UAE clients and further expand its regulated B2B payment services in the country<\/strong>. Through this licence, XTransfer aims to support businesses engaged in international trade with compliant, secure and efficient payment solutions tailored to cross-border transactions.<\/p>\n<p align=\"justify\">The UAE is a key market in XTransfer\u2019s Middle East and Africa strategy. As a major regional trade and re-export hub, the UAE plays an important role in connecting Chinese trade with Africa and wider emerging markets. XTransfer\u2019s presence in the UAE will further strengthen its ability to support trade flows between China, the Middle East, and Africa, providing businesses with more accessible and reliable cross-border payment services.<\/p>\n<p align=\"justify\">\u201cReceiving conditional approval from the Central Bank of the UAE is a key milestone for XTransfer\u2019s global regulatory expansion,\u201d said <strong>Bill Deng, Founder and CEO of XTransfer.<\/strong> \u201cThe UAE is one of the world\u2019s most important trade hubs and an essential gateway between Asia, the Middle East and Africa. This approval reinforces our confidence in the UAE market and its long-term growth potential across the region.\u201d<\/p>\n<p align=\"justify\">Following successful licensing across major trade hubs in Asia and Europe, the UAE licence marks another important milestone in XTransfer\u2019s international regulatory roadmap and reflects the company\u2019s growing presence in the Middle East. XTransfer will continue to invest in regulated markets and strengthen its payment infrastructure to support SMEs and trading businesses participating in cross-border commerce.<\/p>\n<p align=\"justify\"><strong><u>About XTransfer<\/u><\/strong><br \/>XTransfer is the world\u2019s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 1,000,000 registered SMEs globally.<\/p>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ONqk5NPr5jYT-VdG8e2XAg15Ipkqf4gC_AoXAutKF2yxL3bT7ABN52xiDvjbVMQ89yU3FbTsuYhX_51f6ShW4y5riu7G_0utEakZ6cwmApEK2t44ZU9UWreW9eJxbEI7YuWduNyaNz31BTQ9wqX6ZJhzZcIpzK3tDS7vRcuzHhFhnmYTDHn5fDN9rkKeqbs9qHB4PFHjuu_auqulnZLgx2HfUeOAEqxSqQ49xMggc7zp9EtnUQP7MMW2okBZLQOWEPlPqM32OvpRmqGTwF1BIA==\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/da037eaa-a131-44da-b6e0-8a75031c1283<\/a><\/p>\n<pre>CONTACT: Media contact:\n\nMaggie Ng\nmaggie.ng@xtransfer.com<\/pre>\n<p><img alt=\"\" src='https:\/\/ml.globenewswire.com\/media\/MWRhZGNhNzctOTUxOC00NmRiLTgzNDgtOGM0N2M4OGY3OGZlLTEzMjEyMjgtMjAyNi0wOS0wNC1lbg==\/tiny\/Xtransfer-Limited.png' referrerpolicy='no-referrer-when-downgrade' \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strengthens Trade Connectivity Across the Middle East and Africa DUBAI, United Arab Emirates, Sept. 04, 2026 (GLOBE NEWSWIRE) &#8212; XTransfer,\u00a0World\u2019s Leading B2B Cross-Border Trade Payment Platform, is pleased to announce that it has secured in-principle approval for a Retail Payment Services Licence from the Central Bank of the UAE, marking another important milestone in the [&#8230;]\n","protected":false},"author":1,"featured_media":83820,"comment_status":"open","ping_status":"closed","sticky":false,"template":"Default","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-83819","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globe-newswire"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.6 (Yoast SEO v21.6) - 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