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14-11-22

FIFA World Cup to indicate Qatar’s massive digital alteration in banking system

(MENAFN) The FIFA World Cup Qatar 2022 presents a massive chance for sponsoring more the digital alteration of the State’s banking system, as well as adding on the accomplishments established throughout the Covid-19 epidemic time span which indicated a huge change in the sector of digital banking facilities, profiting from the acceptable infrastructure obtainable in the banks functioning in the State which aided to understand quick digitalization of services.

In this situation, Qatar Central Bank (QCB) revealed in the last few months a variety of enterprises to allow secure, fast as well as reasonably priced digital payments prepared for the FIFA World Cup Qatar 2022.

By the end of August, QCB released the initial license in the nation for digital payment facilities to Ooredoo Money and iPay by Vodafone Qatar. In announcements, chief executive of QNB Group Abdullah Al Khalifa stated that “The Group has laid out and dedicated a full plan over the years aimed to develop its technological services in to better serve the mass of visitors in a distinctive and seamless way during this tournament. We strive to achieve a successful edition of the FIFA World Cup, which is why we have dedicated all our services, digital products and our workforce to ensure that we mark our presence with excellence throughout the tournament. This includes dedicating our ATMs as the sole provider of ATM machines in and around all eight stadiums along many other key locations that is expected to host a large number of fans and spectators.”

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