UAE Central Bank License Enables Checkout.com to Offer Services to Merchants in the Middle East

Payments service provider Checkout.com has obtained a Retail Payment Services license from the Central Bank of the United Arab Emirates.  Securing an acquiring license enables the payments service provider to unlock its full proposition for merchants in the UAE. These include offering merchant acquiring solutions, payment aggregation services and cross-border fund transfers. Direct acquiring also […]

Klarna Launches UK’s First BNPL Credit ‘Opt Out’ Tool, Industry Urged to Follow Suit

Buy now, pay later (BNPL) providers should ‘follow the lead of Klarna’ says Which? after the payments network launched the UK’s first credit ‘opt out’ tool. Against the backdrop of delayed government regulation for BNPL services, Klarna has taken the initiative by empowering consumers to deactivate credit temporarily. The tool, accessed through the Klarna app’s […]