Regulators and Local Authorities

A few countries around the world have established local payment schemes, and several of them operate within this region. These schemes are essential for unlocking a stronger and more resilient local economy. By promoting Local Digital Currency, governments and central banks can drive economic growth, increase financial inclusion, and reduce reliance on volatile foreign currencies.

At ArabPay, we work closely with regulators and central banks to provide the best possible experience for all stakeholders involved. We take our role as a strategic partner seriously, offering deep expertise and practical solutions to ensure the successful rollout and management of Local Digital Currency.

Our consultancy covers a wide range of critical areas, including:

  • Designing and launching Local Digital Currency infrastructure in alignment with national economic goals.

  • Integrating Local Payment Schemes with global banking networks and regulated financial institutions.

  • Developing strategic partnerships with international banks and fintech companies to create sustainable demand for Local Digital Currency.

  • Enhancing transaction security and transparency through digital channels to promote trust and usability.

  • Providing technical and regulatory support to streamline adoption and drive long-term success.

ArabPay empowers governments to harness the potential of Local Digital Currency, ensuring a stronger and more connected financial ecosystem.

Experience

When tourists and foreign residents have a better experience, they are more likely to recommend your country as a destination

VAT

Tourists are already exempt from VAT, but the current process of reclaiming the tax at tax-free zones create a lot of unnecessary hurdles. How about we automate that?

A Better Perspective

It is hard to track cash transactions. By focusing on Digital Local Currencies when people buy, keep, or spend, we allow a better perspective on how the market is going.

Economic Tools

These tools help the local economy with keeping the value that keeps entering and leaving the country.

Automatize the Boring Manual Tasks

Getting a cash exchange for their foreign currency, reclaiming taxes at tax-free zones, these are all manual tasks that can be automatized! Using existing tools and players in the game, ArabPay consults in how local regulators can leverage all that is at their disposal for a better, more streamlined experience.

Connecting to Other Local Card Schemes

Local payment schemes are nothing new. Connecting them in such a way that is packed with synergy and an enhanced customer experience definitely is. That is at the heart of what TouristPay and by extension, TürkiyePay is hoping to achieve here. A better connection between digital local currencies and local payment schemes.

Connecting to Other Local Card Schemes

Local payment schemes are nothing new. Connecting them in such a way that is packed with synergy and an enhanced customer experience definitely is. That is at the heart of what TouristPay and by extension, ArabPay is hoping to achieve here. A better connection between digital local currencies and local payment schemes.

Get started with ArabPay!

Would you Like to Learn More?

ArabPay’s RegTech bonafides are apparent. Our years of experience puts us in a great position for consultancy. We simplify the complex. All the confusing terminology and manual tasks are out the window. In with buy, keep, spend, and the emphasis on digital local currencies