The e-wallet application, available to all consumers in Qatar, enables customers to enjoy a USD 2.75 instant and assured cashback on every transaction when sending money internationally.
The cashback offer, in partnership with remittance partner Gulf Exchange, aims to increase international transfers through digital channels in line with Qatar Central Bank’s vision to achieve a cashless economy by 2030.
Vodafone Qatar’s officials stated that iPay supports Qatar’s move towards a more digitised economy, as well as the Qatar Central Bank’s vision of achieving a cashless economy by 2030. Vodafone has responded to the growing demand for accessible digital fintech solutions, a trend that was observed globally in 2020 and has continued to grow in significance since then. It is also part of the company’s wider digital transformation agenda for Qatar, aiming to support customers quickly and efficiently via cutting-edge self-service technologies.
iPay is operator agnostic, making it available for all consumers in Qatar, regardless of their telecom service provider. The e-wallet application enables customers to conduct secure transactions with friends and family anywhere in the world. Customers can register through the iPay application, available on Apple and Google Play stores, in less than 60 seconds and conduct fast and secure local and international remittances with friends and family, instant merchant payments at their favourite outlets, and select utility payments services.
In strategic partnership with the Commercial Bank of Qatar, Gulf Exchange, and Paytm, iPay provides customers direct access to instant local transfers to all banks and wallets under the Qatar mobile payment network, as well as international remittance and merchant payments.
The cashback offer will be available to all customers from 2 March 2023 until 19 April 2023. To benefit from the offer, customers only need to use iPay to send money to loved ones internationally.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now