Stored Value Cards Issuing Services
For your Shuraa activity review, use code 6419007 to identify Stored Value Cards Issuing Services within Dubai Mainland. Compare the supplied record with the work your company intends to undertake.
Activity code 6419007
Listed activity name: Stored Value Cards Issuing Services
- Activity code
- 6419007
- Jurisdiction
- Dubai Mainland
- Licence type
- Commercial
- Group code
- 651911
Activity description
Includes firms specialized in issuing plastic magnetic cards that store information about the funds that have been prepaid to, and is used to purchase goods online or in the traditional points of sale. They are different from the other credit cards that enable holders make the purchasing prior to the payment. It involves the financial and accounting formalities related to clearing and settling the stored values for the cardholders.
Additional requirements
No additional requirements are supplied in this record. This does not mean that no approvals are required; check the requirements for your application.
Authority reference: Invest in Dubai. Confirm the latest scope and requirements with the authority.
Scope checks for your Shuraa consultation
- Write down the exact work your business will carry out and compare it with the supplied description above.
- Identify any parts of your operation that the description does not clearly address.
- Keep any approval notes with this activity code and ask which requirements apply before submitting an application.
Plan your next step with Shuraa
Bring this activity code to your Shuraa consultation to discuss the intended scope of work, jurisdiction choice and application requirements.
Discuss your licensing questionsPublished by Shuraa Business Setup. This is an independent research directory, not a licensing decision. Data sources and limitations.