Ahlibank has proudly unveiled “Fawran,” an instant payment service accessible through the bank’s Online Banking and Mobile Banking platforms. This innovative service, part of Qatar’s leading initiatives in digital payment and transfer operations in Qatari Riyals, aims to elevate the banking experience by providing unparalleled convenience and accessibility to customers. Developed by Qatar Central Bank,...
Tag: FAWRAN
Qatar Central Bank Introduces FAWRAN Instant Payment Service for Swift Financial Transactions
In a bid to streamline financial transactions and bolster the efficiency of banking operations, the Qatar Central Bank (QCB) unveiled its latest innovation, the FAWRAN instant payment service. This groundbreaking initiative aims to expedite transactions between individuals and companies, marking a significant advancement in the realm of financial technology within Qatar. FAWRAN, which translates to...
QIB Launches Innovative Instant Payment Service “FAWRAN” on QIB Mobile App
Qatar Islamic Bank (QIB), the forefront of digital banking in Qatar, proudly unveils its latest offering: the instant payment service “FAWRAN” on the QIB Mobile App. This groundbreaking service, spearheaded by Qatar Central Bank (QCB), revolutionizes payment transactions across the nation, setting new standards for efficiency and convenience. Meaning “instantly” in Arabic, “FAWRAN” simplifies the...