UAE's Fintech Pioneer: Pay10 Launches on Central Bank's Open Finance Framework
In a groundbreaking milestone, Pay10, a leading Alternative Payment Method provider in the UAE, has become the first fintech company to successfully integrate with the Central Bank of the UAE's Open Finance Framework. This significant achievement enables Pay10 to offer a range of innovative payment initiation services, including variable recurring payments, to its customers. By leveraging the Open Finance Framework, Pay10 is poised to revolutionize the payments landscape in the UAE, providing users with seamless, secure, and convenient transaction experiences. With the integration of open banking and fintech solutions, Pay10 is setting a new standard for financial services in the region, driving growth and innovation in the digital payments sector. Key features of the service include enhanced security, increased efficiency, and greater control over payments, making it an attractive option for consumers and businesses alike. As a pioneer in the UAE's fintech industry, Pay10 is committed to delivering cutting-edge payment solutions that meet the evolving needs of its customers, while maintaining the highest standards of regulatory compliance and security.
