QNB Group launches local payment gateway in Qatar

According to QNB’s officials, the launch of the new local payment gateway comes as a strategic project in line with the company’s vision to provide improved technology and innovative payment solutions to merchants. The QNB Payment Gateway aims to simplify and secure digital transactions for consumers and businesses, through a platform that addresses the ongoing digitisation of payments. Moreover, the solution falls in line with QNB’s sustainable strategy aimed at reducing cash payments in support of Qatar National Vision 2030.

QNB Payment Gateway was developed to meet the criteria of a robust payment gateway delivering against complex requirements from a range of merchants from sectors such as small and medium-sized businesses (SME), government, retail, hospitality, services, F&B, and financial. The gateway features a customisable payment experience, adhering to the merchant’s preferences and requirements. This allows the customer to complete transactions that are being securely processed at the merchant’s website.

As the solution provides effective transaction processing, global reach to international customers, and a wide range of payment platforms that are available to local merchants, QNB’s objective is to allow merchants to gain a competitive edge against other players in the industry. 

Through its subsidiaries and associate companies, QNB Group is currently present in 28 countries across three continents, providing a range of payment products and services to its customers. Back in June 2023, QNB Group, IBM, and Mannai InfoTech partnered to improve the digital banking experience in Doha, Qatar. Through this project, the companies aim to provide QNB’s customers with a seamless digital banking experience through the implementation of an omnichannel solution. By using this architecture, the company’s users can benefit from simplified version maintenance, flexible scalability, effective, service governance, and seamless service discovery.

By collaborating with PopID and Visa, QNB Group launched a biometric payment acceptance solution for Qatar-based merchants in January 2023. The introduction is set to enable merchants with outlets in the region to provide customers with convenience and security associated with facial biometric payments. QNB’s solution is centred on proprietary facial verification technology developed by PopID, provisioned through the company’s acceptance network, and supported by Visa via tokenisation. 

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