In an exciting new development that boosts the presence of global financial technology companies in the Saudi market, the American financial infrastructure platform "Yuno" has officially received a Payment Technical Service Provider (PTSP) license from the Saudi Central Bank (SAMA). This approval was granted through its local entity, "Yuno Payments Arabia." This license falls under the e-commerce Merchant Service Provider (eMSP) framework, allowing Yuno to offer its technical solutions to merchants and payment partners in one of the region's fastest-growing digital commerce markets.
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