Doha Bank, one of Qatar’s leading financial institutions, has entered a strategic partnership with PayTabs Group, a MENA-based payment orchestration solutions provider, to strengthen Qatar’s e-commerce and digital payments ecosystem. The alliance aims to accelerate the country’s transition toward a cashless economy and promote the objectives of Qatar National Vision 2030.
The partnership brings together Doha Bank’s trusted financial expertise and PayTabs’ innovation in payment infrastructure. It wants to deliver secure, scalable, and seamless payment solutions for Qatari merchants, SMEs, and corporates.
Driving the Future of Digital Payments in Qatar
Under this agreement, the two organizations will collaborate to enhance the efficiency. They will also improve accessibility of digital transactions for businesses across Qatar. The initiative will focus on:
- Empowering SMEs and startups with easy-to-integrate, cost-effective digital payment tools.
- Enhancing e-commerce capabilities for merchants through smarter payment orchestration.
- Supporting corporate enterprises with reliable, compliant, and secure transaction systems.
- Advancing Qatar’s cashless economy by enabling innovative, frictionless payment experiences.
Shared Vision for a Digital Economy
Dimitrios Kokosioulis, Deputy CEO at Doha Bank, highlighted the significance of this collaboration. He stated, “At Doha Bank, we are committed to providing secure, efficient, and innovative financial solutions that support Qatar’s digital transformation. This partnership with PayTabs reinforces our mission to empower entrepreneurs, promote financial inclusion, and advance the growth of Qatar’s digital commerce ecosystem.”
Eyad Musharbash, Regional Head and Operating Partner for PayTabs Group Levant and Southern Gulf, added, “This collaboration marks a strategic milestone in our MENA expansion. Working with Doha Bank allows us to bring powerful and cost-effective payment solutions to SMEs, e-commerce platforms, and large enterprises in Qatar, aligning with the nation’s vision for a connected and inclusive digital economy.”
Strengthening Qatar’s Innovation Ecosystem
The partnership is a reflection of Qatar’s growing position as a regional hub for financial technology and digital innovation. By combining Doha Bank’s deep banking experience with PayTabs’ advanced technology, the collaboration aims to:
- Simplify business transactions for merchants and entrepreneurs.
- Foster a more inclusive financial environment.
- Support sustainable growth and economic diversification.
What’s next for PayTabs?
Founded in 2014 by Saudi entrepreneur Abdulaziz Al Jouf, PayTabs is a leading payments infrastructure company. It is providing secure and scalable solutions that power digital commerce across the MENA region. Its AI-powered orchestration platform enables businesses to customize payment processes, manage transactions, and optimize financial operations. Recognized among the Top 100 Global Fintech Companies in 2024, PayTabs continues to drive innovation in B2B payments, e-commerce, and social commerce technologies.