Provider profile
Tamara
Raqma's read on Tamara
Raqma's read on Summarised from catalogue fields — not a paid placement.
- Products tracked
- 1 across 1 category (Payment gateways)
- Licence status
- UAE Central Bank — licensed
- Public rating
- Apple App Store (AE): 4.8/5 · 77,129 reviews — snapshot 2026-10-23 (source)
- Fastest stated approval
- 1 business day (verification response) — Tamara for Business
- Free-zone acceptance
- 1 of 1 products accept free-zone licences
- Last reviewed
In short: Tamara has a focused offer in the UAE payment gateways space and stated approvals from 1 business day (verification response). Licensing on record: UAE Central Bank — licensed.
Is Tamara right for you?
Fit read from catalogue fields — not a recommendation, confirm terms with the provider.
- UAE SMEs
- Partial fit 1 product tracked across 1 category
- E-commerce merchants
- Strong fit 1 payment product
- Free-zone companies
- Strong fit 1 of 1 products accept free-zone licences
- Import-export businesses
- Limited No cross-border products tracked
- Startups needing corporate banking
- Strong fit approvals from 1 business day (verification response)
Strengths and watch-outs
Aggregated across the tracked Tamara catalogue — exact terms are on each product page.
Where Tamara stands out
- Stated approval from 1 day
- Accepts free-zone licences
Licensing
- UAE Central Bank — licensed — CBUAE August 2026 register, p8: Tamara FZE, National Finance Company, Conventional Restricted, identification 02.01.03.025.2025.02. Verify the contracting entity and product scope; this record is not an SVF approval. — register checked 2026-10-21
Verified answers
When does Tamara pay out merchant settlements?
Two models: the default Flexible model pays out once the net settlement exceeds AED/SAR 2,500; the Fixed model pays weekly but charges AED/SAR 25 when the settlement falls below AED/SAR 2,500. The model is switchable in the Partners Portal under Billings → Settlement Dashboard.
Source: tamarapay.zendesk.com · verified
Does Tamara publish its merchant discount rate?
No public rate card — Tamara instructs merchants to check per-payment-option minimum and maximum limits and their fees inside the Partners Portal (Settlement Dashboard → View my fees & limits). Rates are contractual per store.
Source: tamarapay.zendesk.com · verified
Does the merchant carry the risk if a customer stops paying?
No — Tamara states it settles the full order amount to the merchant (minus its fees) under the agreed settlement type regardless of whether the customer completes all instalments; outstanding customer payments remain Tamara’s responsibility.
Source: tamarapay.zendesk.com · verified
What documents does Tamara require from merchants?
A Commercial Registration, Trade Licence or Freelance Certificate; the legal signatory’s national ID or passport; an IBAN certificate issued and stamped by the bank (or IBAN on stamped company letterhead); and a VAT certificate where applicable. Documents must remain valid for at least 30 days. Certain activities — tobacco, food and beverage, medical products, precious stones and others — require a full Commercial Registration.
Source: tamarapay.zendesk.com · verified
How long does Tamara merchant onboarding take?
Tamara says its verification team responds within one business day of a complete application; approved merchants then sign the standard Terms & Conditions before going live. Resubmitting a duplicate application instead of amending the original is flagged as a rejection reason.
Source: tamarapay.zendesk.com · verified
Does Tamara charge shoppers a processing fee in the UAE?
On split-payment plans in the UAE, an order processing fee of up to 1% of the order value may apply to the shopper, displayed at checkout; Tamara notes the fee is vetted by its Sharia Committee.
Source: tamarapay.zendesk.com · verified
Facts & sources
Every fact we publish links back to the page it was verified on. Product-level terms (fees, limits, eligibility) are on each product page.
Tamara products
Frequently asked questions
Is Tamara licensed in the UAE?
Yes — our catalogue records Tamara as holding UAE Central Bank — licensed. Always confirm the current licence scope on the regulator’s register before applying.
What Tamara products can I compare here?
We track 1 Tamara product: Tamara for Business. Each entry shows the published fees, requirements and approval details.
How do I apply for Tamara?
Raqma is a comparison service — we do not process applications. Review the products on this page, then continue to Tamara’s own onboarding through the outbound links.