--- title: "Checkout MENA FZ L.L.C · Retail Payment Services (CBUAE) · United Arab Emirates | Elucidate" description: "Checkout MENA FZ L.L.C is authorised by Central Bank of the UAE (CBUAE) as a retail payment services in the United Arab Emirates. Licence 08.01.02.008.2023.02. Register status, licences, activities and ownership." url: https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4 --- 1. [Directory](https://elucidate.co/directory) 2. [United Arab Emirates](https://elucidate.co/directory/country/ae) 3. Checkout MENA FZ L.L.C United Arab Emirates · Payments & e-money # Checkout MENA FZ L.L.C Checkout MENA FZ-LLC is a Dubai free zone company and the UAE contracting entity of the Checkout.com payments group, which is headquartered in London. The Central Bank of the UAE (CBUAE) licenses the firm as a provider of Retail Payment Services under identification number 08.01.02.008.2023.02, granted in May 2023. It provides merchant acquiring, payment processing and payouts to businesses, not to consumers. In July 2026 the group announced in-principle CBUAE approval for a Stored Value Facilities licence to add card issuing in the UAE. Register status Licensed in the United Arab Emirates Retail Payment Services · Central Bank of the UAE (CBUAE) Prudential licence [1 licence or registration ↓](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#licences) BIC **No BIC** LEI **No LEI mapped** [Licence no. **08.01.02.008.2023.02**](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#licences) ## Licences and registrations Held by Checkout MENA FZ L.L.C. 1 entry on 1 of the 22 tracked registers, retrieved 24 September 2026. | Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | [CBUAE Register of Licensed Financial Institutions - Retail Payment Services](https://elucidate.co/directory/register/cbuae-rps) Central Bank of the UAE (CBUAE) | Retail Payment ServicesPayment Institution | 08.01.02.008.2023.02 | [United Arab Emirates](https://elucidate.co/directory/country/ae) | Active | — | — | - Payment services | [Search the register ↗](https://www.centralbank.ae/media/hw0lreyi/cb-register-august-2026.pdf) | - Each licence applies in the country of the regulator that granted it. - Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here. ## Swift network Swift’s ISO 9362 BIC directory Holds no BIC in Swift’s directory. No LEI is matched to this entry, and BICs are linked by LEI only. ## Overview Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#overview-sources) Customers Not published Employees Not published Ownership Group subsidiary Firm type Merchant acquiring and processing Trades as Checkout.com - **Ownership:** The firm belongs to the Checkout.com group, headquartered in London. Its direct parent is not named in the firm's published documents. - **Head office:** Office No. 1601-1609, Floor 16, Al Shatha Tower, Dubai Media City, Dubai, United Arab Emirates - **Company register:** Dubai Development Authority 92041 - **Founder:** Guillaume Pousaz ### Online - **Websites & references:** [checkout.com ↗](https://www.checkout.com/) [support.checkout.com ↗](https://support.checkout.com/) merchant support centre [checkout.com/docs ↗](https://www.checkout.com/docs) developer documentation [trust.checkout.com ↗](https://trust.checkout.com/) trust and security centre [Wikipedia ↗](https://en.wikipedia.org/wiki/Checkout.com) group article - **Official social accounts:** [LinkedIn ↗](https://www.linkedin.com/company/checkout/) · [X ↗](https://twitter.com/checkout) · [Facebook ↗](https://www.facebook.com/checkout/) · [Instagram ↗](https://www.instagram.com/checkout_com/) · [YouTube ↗](https://www.youtube.com/channel/UCC-VFhOEXmyaOekIOwZvxhg) Sources · 9 pages consulted 1. [checkout.com/legal/certificates](https://www.checkout.com/legal/certificates) 2. [checkout.com/legal/country-terms](https://www.checkout.com/legal/country-terms) 3. [checkout.com](https://www.checkout.com/) 4. [checkout.com/contact-us](https://www.checkout.com/contact-us) 5. [checkout.com/leadership](https://www.checkout.com/leadership) 6. [checkout.com/newsroom/checkout-com-uae-offering-in-principle-stored-value-facilities-licence](https://www.checkout.com/newsroom/checkout-com-uae-offering-in-principle-stored-value-facilities-licence) 7. [checkout.com/newsroom/checkout-com-becomes-the-first-global-payments-platform-to-secure-acquiring-lice](https://www.checkout.com/newsroom/checkout-com-becomes-the-first-global-payments-platform-to-secure-acquiring-license-from-the-uae-central-bank) 8. [checkout.com/newsroom/statement-regarding-a-legacy-system-incident](https://www.checkout.com/newsroom/statement-regarding-a-legacy-system-incident) 9. [checkout.com/newsroom/checkout-com-raises-1-billion-in-series-d-amid-major-us-market-push](https://www.checkout.com/newsroom/checkout-com-raises-1-billion-in-series-d-amid-major-us-market-push) ## Authorisation Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#overview-sources) - **Operates under:** Its own licences The Central Bank of the UAE licenses the firm as a provider of Retail Payment Services under identification number 08.01.02.008.2023.02. The Dubai Development Authority registers and licenses the company in the Dubai free zone. | Authority | Licence or registration | Number | Held | Status | Source | | --- | --- | --- | --- | --- | --- | | Central Bank of the UAE (CBUAE) United Arab Emirates | Retail Payment Services (class Payment Institution) | 08.01.02.008.2023.02 | In its own name | Active | [checkout.com ↗](https://www.checkout.com/legal/certificates) | | Central Bank of the UAE (CBUAE) United Arab Emirates | Stored Value Facilities licence (in-principle approval) | — | In its own name | Applied for | [checkout.com ↗](https://www.checkout.com/newsroom/checkout-com-uae-offering-in-principle-stored-value-facilities-licence) | | Dubai Development Authority United Arab Emirates | Free zone company registration and licence | — | In its own name | Active | [checkout.com ↗](https://www.checkout.com/legal/country-terms) | Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks. ## Partners and safeguarding Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#overview-sources) - **Safeguarding:** Not disclosedThe firm's UAE terms state that merchant funds are safeguarded under articles 14.3 and 14.4 of the CBUAE Retail Payment Services and Card Schemes Regulation. The terms do not name the safeguarding bank. [checkout.com ↗](https://www.checkout.com/legal/country-terms) - **Payment schemes and card networks:** Mastercard Direct [checkout.com ↗](https://www.checkout.com/legal/country-terms) Visa Through a partner [checkout.com ↗](https://www.checkout.com/legal/country-terms) Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices. ## Products and markets Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#overview-sources) - Merchant acquiring - Payment gateway - Payouts and mass payments According to Checkout.com, the UAE licence lets it offer merchant acquiring, payment aggregation and cross-border fund transfers to merchants in the UAE. The firm is the Checkout.com contracting entity for merchants in the United Arab Emirates under its CBUAE licence. - **Payment volume:** USD 300bntotal volume of ecommerce payments processed for enterprise merchants worldwide Group · 31 Dec 2025 · [company statement ↗](https://www.checkout.com/) - **Sells to:** Enterprises · Platforms and marketplaces - **Serves customers in:** United Arab Emirates - **Latest funding round:** Series D · USD 1bn Jan 2022 Led by Altimeter, Dragoneer, Franklin Templeton, GIC, Insight Partners, Qatar Investment Authority, Tiger Global, Oxford Endowment Fund [checkout.com ↗](https://www.checkout.com/newsroom/checkout-com-raises-1-billion-in-series-d-amid-major-us-market-push) - **Total raised:** USD 1.8bn to Jan 2022 · [checkout.com ↗](https://www.checkout.com/newsroom/checkout-com-raises-1-billion-in-series-d-amid-major-us-market-push) ## Leadership Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#overview-sources) - **Executive:** Remo Giovanni Abbondandolo General Manager, MENA Confirmed 27 Jul 2026 · [checkout.com ↗](https://www.checkout.com/newsroom/checkout-com-uae-offering-in-principle-stored-value-facilities-licence) - **Chief executive:** Guillaume Pousaz Founder and CEO (Checkout.com group) Confirmed 29 Sep 2026 · [checkout.com ↗](https://www.checkout.com/leadership) - **Chief financial officer:** Phil Symes Chief Financial Officer (Checkout.com group) Confirmed 29 Sep 2026 · [checkout.com ↗](https://www.checkout.com/leadership) - **Executive:** Emilie Mathieu General Counsel (Checkout.com group) Confirmed 29 Sep 2026 · [checkout.com ↗](https://www.checkout.com/leadership) ## Recent events 1 enforcement or investigation item Researched 29 Sep 2026 · [Sources](https://elucidate.co/directory/checkout-mena-fz-l-l-c-4e74254334d4#overview-sources) 1. Jul 2026 Licence The CBUAE granted Checkout.com in-principle approval for a Stored Value Facilities licence, which would add issuing to its UAE acquiring services. [checkout.com ↗](https://www.checkout.com/newsroom/checkout-com-uae-offering-in-principle-stored-value-facilities-licence) 2. Nov 2025 Security incident Checkout.com disclosed that the ShinyHunters group had accessed a legacy third-party cloud storage system holding merchant onboarding documents and had demanded a ransom. [checkout.com ↗](https://www.checkout.com/newsroom/statement-regarding-a-legacy-system-incident) Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source. ## Identifiers - **Licence no. · CBUAE-RPS:** 08.01.02.008.2023.02 - **BIC:** Holds no BIC in Swift’s directory - **LEI:** No LEI mapped - **Elucidate firm ID:** 4e74254334d4 ## Profile - **Type:** Payments & e-money - **Regulation:** Prudential licence - **Main licence class:** Payment Institution - **Activities:** - Payment services - **Licensed in:** [United Arab Emirates](https://elucidate.co/directory/country/ae) · Middle East & North Africa - **First registered:** Not published Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet. ## Ownership and group GLEIF relationship records No LEI is matched to this entry, so GLEIF relationship records cannot be linked. ## Addresses - **Address on the register:** Dubai - **Country:** United Arab Emirates ## ISO 20022 identification As an agent in a Swift cross-border payment message (CBPR+) This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code. - **Identified by:** Name and postal address. No LEI or clearing code is mapped in the directory - **Postal address:** Structured: town and country ```xml Checkout MENA FZ L.L.C Dubai AE ``` CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent. The values are as published by the register. Check them against your own records before use. ## Related institutions ### Other payments & e-money institutions in the United Arab Emirates - [AEDC Stable Coin Network And Distribution - L.L.C No BIC Payments & e-money Crypto Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 09.01.01.004.2026.01 (CBUAE-PTC) · also on CBUAE-PTCAT, CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/aedc-stable-coin-network-and-distribution-l-l-c-ce122c02ae00) - [AIAE Services for Payments -L.L.C- S.P.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.038.2026.02 (CBUAE-RPS) · also on CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/aiae-services-for-payments-l-l-c-s-p-c-6220d012f277) - [Al Ansari Digital Pay L.L.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.027.2025.02 (CBUAE-RPS) · also on CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/al-ansari-digital-pay-l-l-c-b517205f3061) - [Beyon Money Financial Services L.L.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.022.2024.02 (CBUAE-RPS) · also on CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/beyon-money-financial-services-l-l-c-955ecb2d8958) - [Botim Money Technology L.L.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.002.2022.01 (CBUAE-RPS) · also on CBUAE-SVF · LEI 984500F8A1FF59S6XD61](https://elucidate.co/directory/botim-money-technology-l-l-c-0a58a23041ac) - [Comera Pay L.L.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.018.2024.01 (CBUAE-RPS) · also on CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/comera-pay-l-l-c-d33175d0accd) - [EITC Financial Services L.L.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.013.2024.02 (CBUAE-RPS) · also on CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/eitc-financial-services-l-l-c-d8373e8aff84) - [H A Q Kamel Pay Services L.L.C No BIC Payments & e-money Prudential licence United Arab Emirates · Licensed by Central Bank of the UAE (CBUAE) · 08.01.02.036.2026.02 (CBUAE-RPS) · also on CBUAE-SVF · No LEI mapped](https://elucidate.co/directory/h-a-q-kamel-pay-services-l-l-c-aae3ddea558b) [See all →](https://elucidate.co/directory/search?type=payments&cc=AE) [Other entries on CBUAE-RPS →](https://elucidate.co/directory/register/cbuae-rps) Sources & method Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI. An institution missing from these registers is not necessarily unregulated. Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists. An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page. [Read the methodology →](https://elucidate.co/directory/methodology) Register for this page - **CBUAE Register of Licensed Financial Institutions - Retail Payment Services**—Central Bank of the UAE (CBUAE) · [source ↗](https://www.centralbank.ae/media/hw0lreyi/cb-register-august-2026.pdf) as at 24 September 2026 - **Overview, authorisation, partners, products, leadership and events**—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source. ## Assess the financial crime risk behind a licence A licence records what an institution is authorised to do; it does not assess it. The [Elucidate FinCrime Index (EFI)](https://elucidate.co/ratings) is an independent score of the financial crime risk of banks and payment institutions. [Book a demo](https://elucidate.co/demo-request) Licence and registration data are drawn from the public registers of the regulators named on each page and shown for information only; the official register is always the authority. LEIs and ownership are from GLEIF. Directory and gpi data are drawn from SWIFT's public sources. SWIFT, Swift gpi and UETR are trademarks of S.W.I.F.T. SC, Avenue Adèle 1, 1310 La Hulpe, Belgium. Elucidate is not affiliated with, endorsed by or sponsored by SWIFT or any regulator named here. Elucidate does not provide payment or other financial services.