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Business / Qatar Business

Vodafone Qatar granted first license for e-payment services through iPay

Published: 31 Aug 2022 - 08:13 am | Last Updated: 31 Aug 2022 - 08:14 am

The Peninsula

Doha: Vodafone Qatar yesterday announced that it has been granted the first license issued by Qatar Central Bank (QCB) to provide electronic payment services through its subsidiary Infinity Payments Solutions (iPay).

These new services include the issuing of electronic wallets through the iPay mobile payment system, which provides a payment feature for merchants and enables users to transfer funds locally. 

The electronic wallet also facilitates international money transfers via a licensed bank or exchange service in the State of Qatar.