VODAFONE QATAR INTRODUCES IPAY, THE FIRST LICENSED WALLET BY QATAR CENTRAL BANK

New digital payment solution licensed by Qatar Central Bank offers direct access to local transfers, international remittances, merchant and utility payments.

DOHA, Qatar, 2 October, 2022: Vodafone Qatar’s Infinity Payment Solutions (IPS), a separate financial entity and 100% subsidiary of Vodafone, has announced the launch of iPay,  Qatar’s first licensed  e- wallet.

Licensed by Qatar Central Bank, iPay, is a secure e-wallet developed by Infinity Payment Solutions, in strategic partnership with  Commercial Bank of Qatar (CBQ), Gulf Exchange and Paytm. iPay  offers customers direct access to instant local transfers to all banks and wallets under the Qatar mobile payment network, as well as the international remittance and merchant payments.

iPay is an operator agnostic wallet and is available for all consumers in Qatar, regardless of their telecom service provider. Customers can register through the iPay application, available to download on Apple and Google Play stores, in less than 60 seconds and conduct fast and secure local and international remittances with friends and family, instant merchant payments at their favourite outlets and select utility payments services.

Diego Camberos, Chief Operating Officer (COO) at Vodafone Qatar, said: “Our new iPay solution supports Qatar’s move towards a more digitised economy, as well as QCB’s vision of achieving a cashless economy by 2030. Vodafone has responded to the growing demand for accessible digital fin-tech solutions – a trend that was observed globally in 2020 and has continued to grow in significance since then. It is also part of our wider digital transformation agenda for Qatar, aiming to support customers quickly and efficiently via cutting-edge self-service technologies.

To find out more about ipay Qatar, please visit: www.ipay.qa

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About Vodafone Qatar P.Q.S.C
Vodafone Qatar P.Q.S.C. ("Vodafone Qatar") provides a comprehensive range of services including voice, messaging, data, fixed communications, IoT and ICT managed services in the State of Qatar, for both consumers and businesses alike. The Company commenced commercial operations in 2009 and has 2 million mobile customers as of 31 March 2022. Its state-of-the-art network infrastructure is expanding to cover key locations in the country with fibre connectivity and 5G, along with an extensive digital ecosystem, which will contribute to Qatar's continued growth and prosperity. Vodafone Qatar’s vision is deeply rooted in its mission to connect today’s ideas with the technologies of tomorrow by pioneering digital innovation and becoming people’s first choice in telecom and digital services. Please visit www.vodafone.qa for more details.
 
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