• PhonePe won in-principle approval from the UAE central bank for Retail Payment Services and Card Schemes, plus a Stored Value Facilities license.
• Clearance supports plans to launch payment operations in the UAE, pending final regulatory authorization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PhonePe Limited published the original content used to generate this news brief on September 22, 2026, and is solely responsible for the information contained therein.