Tabby Cash Reaches One Million UAE Accounts

Tabby says its Tabby Cash product has reached one million accounts in the UAE, two months after becoming available to all residents.

The stored-value account supports local transfers, payments and international transfers to bank accounts in more than 50 countries. Tabby also offers bill-splitting features and faster refunds for eligible Pay Later purchases through the account.

Tabby Cash operates under the company’s Central Bank of the UAE Stored Value Facilities licence. Customers should review foreign-exchange margins, eligibility and product terms even where no separate transfer fee is advertised. Source: Tabby.