Pay10 and FAB go live on UAE Open Finance for retail payments

By Vriti Gothi

Pay10 and First Abu Dhabi Bank (FAB) have gone live on Open Finance for retail customers in the UAE, marking one of the first production deployments under the Central Bank of the UAE’s Open Finance initiative, Al Tareq.

The activation positions FAB among the earliest banks in the country to enable Open Banking capabilities for customers, allowing selected current and savings accounts to connect via regulated Open Finance infrastructure. Through the integration, customers can access pay-by-bank payment initiation and related use cases, enabling direct account-to-account payments without relying on card networks.

The go-live follows the successful completion of live transactions in a production environment, confirming end-to-end connectivity, secure data flows, and operational readiness between Pay10 and FAB. The move represents a shift from testing to controlled live usage, allowing both parties to validate real customer journeys and transaction flows ahead of broader market rollout.

Nebras, the Central Bank of the UAE–licensed Open Finance platform, enabled both FAB and Pay10 as part of the process, confirming compliance with required governance, connectivity, and control standards. The involvement of Nebras underscores the regulator-led approach being taken in the UAE to ensure interoperability and security as Open Finance adoption progresses.

For the wider FinTech and banking sector, the development signals tangible momentum in the UAE’s Open Finance agenda, moving beyond sandbox pilots toward live, regulated implementations. Open Finance is expected to play a key role in enabling alternative payment methods, data-driven financial services, and greater competition across the payments and banking ecosystem.

With the activation, Pay10 is now able to support Open Finance use cases in a live production setting while meeting regulatory and operational expectations set by the Central Bank. FAB, meanwhile, continues to play an early-mover role in shaping the country’s Open Finance infrastructure, aligning with the regulator’s vision for secure data sharing and seamless digital payment experiences.

Harry Gill, Founder and Chairman of Pay10, said, “At Pay10, our focus is on translating regulated frameworks into real, scalable solutions. This go live with First Abu Dhabi Bank represents a meaningful step in enabling secure data access, interoperable payment use cases, and alternative payment innovation at scale.”

Pay10 and FAB will now focus on expanding Open Finance use cases, validating performance at scale, and preparing for wider customer availability in line with the UAE’s longer-term Open Finance roadmap under Al Tareq.