secondary source
Ranked 66 of 105
SoftPOS + hardware
Middle East
Magnati reviewed — 2026
Launched the UAE's first tap-to-phone offering with Visa in 2022 and was one of the three launch providers of Tap to Pay on iPhone in 2024.
Note on the data: These terms come from secondary sources, not directly from the provider's own pricing page.
SoftPOS24 overall score
1.9/5
38 out of 100 points · Rating 3.5 (fair)
Price transparency
5/30
Market coverage
5/25
Platform coverage
15/15
Security certification
3/15
Card acceptance
13/15
The score measures transparency, reach and certification of the offer — not how well the app works. See the formula
In short
Magnati offers Magnati Tap to Phone / Tap to Pay on iPhone for iOS + Android. Transaction fee: on request; monthly fee: on request. Security certification: n/a. Available in: UAE.
Magnati terms in full
| Product name | Magnati Tap to Phone / Tap to Pay on iPhone |
|---|---|
| Provider type | SoftPOS + hardware |
| Headquarters | UAE |
| Founded | 2021 (Ausgruendung First Abu Dhabi Bank) |
| Platforms | both |
| Certification | Visa Tap to Phone certification |
| Transaction fee | on request |
| Monthly fee | on request |
| Setup cost | on request |
| Contract term | n/a |
| Cards accepted | Visa, Mastercard, American Express, Apple Pay, Google Pay |
| PIN entry on screen | n/a |
| Transaction limit | n/a |
| Target customers | Merchants in the UAE, FAB business customers |
| Available markets | UAE |
| Website | magnati.com |
| Data source | Open primary source ↗ |
Alternatives to Magnati
Comparable providers in Middle East:
- Foloosi — on request, Rating 3.9