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QNB launches new payment gateway in Qatar


QNB Group, the leading financial institution in the Middle East and Africa, has introduced the QNB Payment Gateway, establishing itself as the premier locally established payment gateway in Qatar. This strategic move aims to modernise and streamline digital payments in the realm of e-commerce, specifically catering to the needs of local merchants in Qatar.

With a presence spanning over 28 countries through its subsidiaries and associate companies, QNB Group operates across three continents, boasting a workforce of over 29,000 individuals and an extensive network of 900 locations. Notably, the group’s ATM network comprises more than 4,900 machines.

The QNB Payment Gateway is a comprehensive payment solution, offering secure processing for credit, prepaid, and QPay debit card payments. Its feature-rich platform includes e-invoicing solutions, seamless integration with local and international digital wallets, acceptance of QNB loyalty points for online transactions, and support for online instalment plans for merchants.

One of the standout features of this innovative platform is its ability to be tailored to the branding and aesthetics of individual merchants. This customisation creates a seamless payment experience, where customers perceive transactions as securely taking place on the merchant’s own website.

Merchants stand to benefit significantly from the QNB Payment Gateway, gaining access to rapid transaction processing, an international customer base, and integration with a wide range of payment platforms. It positions itself as a catalyst, empowering merchants to thrive in the ever-evolving digital payment landscape.

According to QNB Group Senior Executive Vice President Adel Ali Al-Malki, the introduction of the QNB Payment Gateway aligns with their vision of providing cutting-edge technology and innovative payment solutions. Moreover, it supports Qatar’s National Vision 2030 by promoting digital transactions and reducing reliance on cash payments.

The QNB Payment Gateway serves a diverse range of industries, including SMEs, government entities, retailers, hospitality providers, service companies, F&B establishments, and financial institutions. Its versatility makes it suitable for a wide array of businesses.

In conclusion, the QNB Payment Gateway represents a significant advancement in digital payment solutions, offering a comprehensive and customisable platform that meets the unique needs of merchants in Qatar and beyond. Its core mission is to simplify and secure digital transactions while contributing to the broader goal of transitioning towards a more digital payment ecosystem in line with Qatar’s long-term vision.

Pan Finance is a print journal and news website providing worldwide intelligence on finance, economics and global commerce. Known for our in-depth analysis and opinion pieces from esteemed academics and celebrated professionals; our readership consists of senior decision makers from across the globe.

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