Skip to content Skip to Search
Skip navigation

Qatar Central Bank issues first licence for digital payments

By Pramod Kumar
Creative Commons
The move is an initial step to include all companies providing digital payment services under the central bank's supervision.

Qatar Central Bank has issued the first digital payment services licence to Ooredoo Money and iPay by Vodafone Qatar, the bank said in a tweet.

This is an initial step to including all companies providing digital payment services under the central bank’s supervision.

Last week, the bank launched the mobile payment service Google Pay, reiterating that all global digital wallet services for cards such as Apple Pay, Samsung Pay, and Google Pay are now accepted in Qatar.

The move will enable visitors, especially during the World Cup, to process and complete their digital payments.

Latest articles

Ewec says the Al Sila wind project will generate clean electricity to power 36,000 homes

Abu Dhabi seeks developer for new wind power project

Abu Dhabi’s Emirates Water and Electricity Company (Ewec) has invited expressions of interest (EoIs) for the development of a wind farm in the Al Sila region. On completion, the 140 megawatt (MW) greenfield renewable energy independent power project will more than double the existing wind generation capacity in the UAE. The Al Sila wind project will […]

Output at Egypt's Zohr field fell to 1.9 Bcf/d by early 2024 due to foreign oil companies’ hesitance to invest

Egypt to ramp up gas output from major concessions

Egypt is planning to increase natural gas output from major concessions, including its largest field Zohr, petroleum minister Karim Badawi has said. The government intends to increase production at Zohr by drilling new wells starting in the first quarter of 2025, the ministry said in a statement. Average production from the field remained at two […]

RA2WM4 Oil refinery on river in Shanghai An oil refinery in Shanghai; China holds 1.1 billion barrels of crude oil stocks

IEA confident global oil supply can absorb disruption

Escalating tensions between Israel and Iran are fuelling concerns that an attack on Iranian production facilities could disrupt global oil supply. But forecasts by the International Energy Agency (IEA) suggest there are adequate global supplies to absorb the impact of such an event. Iran, a major oil exporter and Opec member, ships 1.6 million barrels […]

Tourists in Souq Waqif, Doha, Qatar. The country welcomed 328,000 visitors in August

US and European visitors behind Qatar tourism surge

Qatar has reported a 25 percent year-on-year rise in visitors during August, a figure largely attributed to a significant increase in travellers from the US, Europe and Africa.  The country welcomed 328,000 visitors, with 41 percent of those coming from GCC countries, an 18 percent increase on 2023, according to data from the National Planning […]