Qatar Central Bank gives first digital payment license to Ooredoo, Vodafone

RIYADH – Qatar Central Bank has awarded its first-ever license for digital payment services to Vodafone Qatar’s Ooredoo Money and iPay, it said in a tweet on Tuesday.

Licensing to engage in online payment activities is a first step in bringing more digital payment companies under central bank oversight.

QCB said it aims to contribute to the development of the country’s financial technology sector and promote financial inclusion.

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