Global: Qatar Central Bank issues first license to provide digital payment service

Qatar Central Bank issued the first license in the country for Ooredoo Money and iPay by Vodafone Qatar, to practice the activity of providing digital payment services.

This is an initial step to include all companies providing digital payment services under the supervision of the Qatar Central Bank to contribute to the development of the financial technology sector and enhance financial inclusion.

Qatar Central Bank recently had launched the mobile payment service Google Pay in the country, reiterating that all global digital wallet services for cards such as Apple Pay, Samsung Pay, and Google Pay are now accepted in Qatar.