Which payment gateways can be used for digital gold app in Dubai?
Absolutely! Here’s a comprehensive, in‑depth article on payment gateways suitable for a digital gold app in Dubai —covering fiat, crypto (with regulatory considerations), and local fintech options. 1. Understanding Regulatory Landscape in the UAE Before diving into gateway options, it's crucial to know the regulatory environment around cryptocurrency payments: The UAE Central Bank prohibits cryptocurrency as a payment method —unless it’s a licensed dirham‑pegged “payment token.” Foreign crypto tokens for goods and services are not allowed. Therefore, for a digital gold app in Dubai: Fiat payment gateways (AED, etc.) remain the primary legal route. Crypto payments require careful vetting—only allowed via licensed tokens under UAE regulations (e.g., VARA). 2. Fiat Payment Gateways Available in Dubai/UAE Established Players: Amazon Payment Services (Payfort) A widely trusted regional gateway offering cards, e-wallets (Apple Pay, Visa Click to Pay), and insta...