With nearly 99% of Qatar’s population using online and smartphone penetration nearly universal, digital transactions have become the norm. DOHA: Qatar’s fintech landscape is surging forward with remarkable momentum, driven by bold government initiatives, modern regulatory frameworks, and a thriving ecosystem of startups and corporate champions, an expert remarked. With nearly 99 percent of Qatar’s […]
Qatar Central Bank (QCB) has granted Express Sandbox entry approval to Paywise LLC (Dibsy), which offers Open banking powered payment initiation services. In a post on the X platform, QCB stated that this step is in line with the Third Financial Sector Strategy, the FinTech Strategy, and the Bank’s broader efforts to develop and regulate […]
Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the results for the six months’ period ended 30 June 2025. Net Profit attributable to the Shareholders of the Bank amounted to QAR 2,175 Million for the six months’ period ended 30 June 2025 representing a growth of 5.3% over the same period in 2024. Basic […]
Doha, Qatar: beIN MEDIA GROUP (“beIN”), the global sports, entertainment and media group, has signed a Partnership Agreement with PayLater, Qatar’s first licensed Buy Now, Pay Later (BNPL) provider. The partnership enables customers in Qatar to pay for all beIN products, including new subscriptions and package renewals, using interest-free installment plans, both for online payments and […]
Keen on expanding the digital payment stack for businesses across the country, Qatar-based payment company Dibsy has enabled Himyan, the national payment card, on Apple Pay for e-commerce. Merchants using Dibsy can now accept Himyan payments through Apple Pay across their digital channels instantly and with no additional setup required, Ahmed Mohamed Isse, co-founder of […]
Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to QCB data. Qatar recorded as many as 54.02mn transactions valued at QR15.28bn through the country’s payment system in May 2025 with point-of-sales constituting a vast majority, according to Qatar […]
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the official launch of the QIB Junior App, the country’s first digital banking and financial education platform for kids and teens aged 8 to 17 years old. As a first-to-market solution, QIB Junior is a modern Banking App designed specifically for kids and teens […]
Backed by government initiatives, regulatory reforms, and rising consumer demand, the country is quickly becoming a regional hub for digital finance and online retail. Doha: Qatar’s fintech and e-commerce sectors are experiencing unprecedented growth as the nation accelerates its transition to a digital economy, in line with the Qatar National Vision 2030. Backed by government […]
Doha, Qatar — Innovation Streams has officially signed a Memorandum of Understanding (MoU) with the Young Entrepreneurs Club, an initiative operating under the Ministry of Youth and Sports and the Qatar Chamber, with the support of Qatar Development Bank. The strategic partnership marks a significant step toward fostering entrepreneurship and building the capabilities of young […]
The partnership will streamline cross-border payments to 120 countries worldwide through the adoption of the Visa B2B Connect platform. Businesses will enjoy efficient, reliable and secure, money transfer services. Account-to-account transactions from QIB Corporate accounts to beneficiary banks to be facilitated through the deployment of Visa B2B Connect. QIB Corporate and SME customers will gain […]