QNB achieved another major milestone as it became the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gateway Hosted Checkout platform.
The solution utilizes Mastercard Gateway’s new Hosted Checkout functionality, where Digital Wallets are enabled via a single integration flow across both web and mobile domains. This strategy lowers technical complexity, speeds up time-to-market and increases merchant satisfaction, especially among small and mid-size merchants that reap the most benefits from ready-to-deploy payment solutions.
With this digital wallet integration, QNB is leading the simplifying of digital wallet acceptance for merchants via a scalable, seamless and fully integrated solution. The solution ensures that all new e-commerce merchants onboarded via Hosted Checkout will be enabled at once to accept digital wallets automatically. All existing QNB Hosted Checkout merchants will also be upgraded to accept digital wallets without requiring any development time and expense.
Mr. Adel Ali Al Malki, Senior Executive Vice President, Group Retail Banking at QNB, commented: “QNB continues to lead in Cards and Payments by offering best-in-class payment solutions to our merchant community. Through this unified integration, we are delivering not only an advanced technology, but also a more robust and secure next-generation digital commerce. As the industry leader in acquiring business, QNB is committed to further scaling digital acceptance with relevance and simplicity. We continue empowering every QNB merchant to deliver seamless, secure and modern payment experiences to their customers.”
Erdem Cakar, Country Manager for Qatar and Kuwait at Mastercard, said: “At Mastercard, we’re committed to transforming the way businesses and consumers engage with digital payments. Our collaboration with QNB to introduce the GCC’s first unified digital wallet integration demonstrates our focus on empowering merchants with cutting-edge, streamlined payment solutions. This milestone advances our vision of building a thriving, inclusive digital economy that delivers enhanced convenience and security for everyone.”
As Qatar’s largest acquirer, QNB has demonstrated its leadership in payment innovations through key initiatives across major industry sectors.