Doha Bank, one of Qatar’s major financial players, has teamed up with PayTabs Group, a payment orchestration firm serving the Middle East and North Africa (MENA). The partnership will give merchants access to more value-added services and help drive Qatar’s fast-growing e-Commerce scene.
The partnership marks a new step toward building a cashless economy in Qatar. It also supports small and medium-sized enterprises (SMEs) and promotes innovation in digital payments, in line with the goals of Qatar National Vision 2030, which focuses on digital growth and financial inclusion.
“At Doha Bank, we are committed to empowering businesses with secure, efficient, and innovative financial solutions that support the growth of Qatar’s digital economy. This partnership with PayTabs reflects our dedication to fostering local entrepreneurship, financial inclusion, and the continued evolution of digital commerce in the country,” said Dimitrios Kokosioulis, Deputy Chief Executive Officer of Doha Bank.
Echoing this view, Eyad Musharbash, Regional Head and Operating Partner for the PayTabs Group Levant and Southern Gulf, called the collaboration a key step in the company’s regional expansion. “PayTabs Group will collaborate with Doha Bank to help build Qatar’s cashless economy by enabling SMEs, e-commerce platforms and corporate enterprises with secure, innovative and cost-effective digital payment solutions that align with the nation’s vision for a connected, inclusive future,” he said.
The partnership will enable Doha Bank and PayTabs Group to jointly deliver seamless, secure, and future-focused payment solutions for merchants, entrepreneurs, and corporations. It further underscores Doha Bank’s continued focus on innovation, inclusivity, and sustainable growth, key elements driving the goals of Qatar National Vision 2030.