QNB Group has launched a new Payment Gateway, the first locally established service of its kind in Qatar.
The Payment Gateway is the latest card acceptance solution designed to help local merchants simplify e-commerce payments. According to the bank, services such as e-invoicing solutions, local and international digital wallets, online acceptance of QNB loyalty points, and its online installment plans for merchants’ use will be available in the new payment channel.
Through the new service, QNB Group is aiming to improve the speed of processing transactions whilst helping local businesses become increasingly connected to their international customers. It helps broaden the range of payment platforms that are currently accessible to local merchants as well as offering a secure online payment method for credit, prepaid and debit card (QPay) payments, the bank said.
Speaking on the launch, Adel Ali Al-Malki, Senior Executive Vice President – Group Retail Banking said: “We are pleased to announce QNB Payment Gateway as one of the strategic projects that come in line with our vision to provide the latest technology and innovative payment solutions to our merchants. This advanced payment getaway aims is to simplify and secure digital transactions for consumers and merchants, through an innovative platform to keep up with the ongoing digitization of payments that fits within our sustainable strategy aimed at reducing cash payments in support of Qatar National Vision 2030.”
Keyka Pourkarimi, Executive Vice President Group Cards and Retail Payments added: “QNB Payment Gateway was built to meet the demands of a robust payment gateway delivering against complex requirements from a wide range of merchants belonging to the SME, Government, Retail, Hospitality, services, F&B, and financial industries. One of the most highly sought features that the gateway has to offer is to be able to customize the payment experience where the payment gateway would adhere to merchant’s look and feel requirements so as customer would feel that transactions are being securely processed at the merchant’s website.”
