Qatar Central Bank (QCB) has announced the start of a project to develop the infrastructure for payment and settled systems, on Tuesday, September 13, 2022.
The objective is to provide 24-hour payment and instant transfer services.
QCB aims to provide an advanced payment and financial transfer system that keeps pace with the developments of this sector. It will develop a system that allows interoperability between payments and transfers, whether it is between a bank account or a digital wallet.
The development of the system will achieve higher rates of financial inclusion.
