November 1st, 2021 - 10:28 GMT
Ajar has been officially recognized by the Central Bank of Kuwait as a certified Online payment provider in Kuwait. In December 2018, the Central Bank of Kuwait (CBK) issued a new law requiring all companies operating online payment gateways in Kuwait to comply with a certain set of standards. The decision came at a time when financial technology in Kuwait was booming, and many companies were initiating online payment gateways without a strong regulatory framework in place. Ajar is proud to be the first PropTech to have met the Central ...