Qatar Central Bank has announced the launch of its new service, Eidiah ATM. This initiative aims to provide enhanced convenience and accessibility to citizens during the festive period. The Eidiah ATM service is a welcome addition to the banking landscape in Qatar, particularly during occasions such as Eid, where there is an increased demand for...
Tag: Qatar Central Bank
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...
Qatari Fintech Startup, KARTY, Secures Over $2 Million in Seed Funding for Revolutionary E-Wallet Launch
KARTY, an emerging Qatari fintech startup, has achieved a significant milestone by successfully concluding a substantial seed funding round, amassing over $2 million dollars, equivalent to more than 7.3 million Qatari Riyals. This substantial funding, garnered from various local investors, marks a crucial moment in KARTY’s journey toward making a substantial impact in the Qatari...