In the digital era, secure and efficient payment gateways are crucial as they facilitate safe online transactions, a need amplified by pandemic-driven changes in consumer behavior. As e-commerce keeps growing, businesses must embrace reliable payment gateway technologies to meet customer demands.
Known for its burgeoning software industry and advanced consumer e-readiness, Qatar illustrates a clear shift from cash to digital payments. The use of digital payments in Qatar has been growing at a compound annual rate of about 14% lately, as the country’s government mandated all commercial outlets to offer electronic payment options and outlawed cash purchases above QR50,000 (~$14,000). Meanwhile, only about 23% of consumer transactions in Qatar are conducted in cash, according to Visa’s latest “Where Cash Hides” research.
This shift signifies Qatar’s embrace of the digital age, emphasizing the importance of robust payment infrastructure for economic expansion. With the decline in cash transactions, the demand for payment gateways becomes even more substantial as companies strive to adjust to this new payment landscape. As Qatari businesses increasingly adopt digital solutions, with 86% of small business owners seeing them as a vital investment for growth, payment gateways will continue to play a crucial role in facilitating smooth financial transactions and stimulating the country’s economic progression.
MyFatoorah
MyFatoorah is a secure and user-friendly solution that significantly simplifies the payment processes for businesses, transforming their operations and paving the way for growth. This service lets merchants quickly send payment links on different platforms, making the purchase process smooth and hassle-free for their customers.
MyFatoorah accepts multiple payment methods, including credit and debit cards, and digital wallets, ensuring seamless transactions and catering to diverse customer preferences. This flexibility helps businesses reach a broader customer base and streamlines the payment process. A standout feature of MyFatoorah is its built-in fraud protection system, which adds an extra layer of security to each transaction.
One of the core advantages of MyFatoorah is its competitive fee structure. It applies a nominal fee of 2% for KNET payments and a 3.5% fee for credit card transactions. This affordable pricing makes it a highly attractive option for businesses looking for cost-efficient solutions in the increasingly competitive digital commerce landscape.
Sadad
Sadad is a top digital payment platform that offers comprehensive and reliable solutions for all types of transactions. The firm is renowned for its commitment to safe and seamless payments. It gained a good reputation for its stringent security protocols, exceptional client support, consistent reliability, and an overall high service level that sets it apart in the payment software market.
Sadad’s user-friendly plugin is a prominent feature of this payment gateway. It enables businesses to carry out swift and secure transactions not only online but also offline, ensuring uninterrupted service even without an internet connection. Moreover, the company goes the extra mile by offering customizable payment pages in multiple languages. This feature significantly enhances transaction success by catering to a diverse customer base.
Last but not least, Sadad efficiently manages all aspects of financial operations, from issuing bills to handling cancellations. This end-to-end management ensures a hassle-free customer experience, saving clients the stress and inconvenience of dealing with multiple service providers. With Sadad, customers can feel confident that their payments are handled safely and professionally.
Qpay
QPAY is a tailor-made payment gateway solution developed to cater to the specific needs and demands of small to medium-sized businesses (SMEs) in Qatar. The payment gateway enables online payments, exclusively supporting Qatar debit cards through the National ATM POS Switch (NAPS) network. This advanced payment processing system provides an additional layer of security through the implementation of two-factor authentication. With the use of OTP (One-Time Password) and PIN (Personal Identification Number) verification methods, all transactions become extra secure and well-protected against unauthorized access.
To access QPAY’s comprehensive suite of services, businesses must meet certain conditions. They are required to have an active account with the Qatar National Bank (QNB), operate within Qatar, and use the Qatari Riyal (QAR) as the primary operating currency. These stipulations are in place to ensure seamless transactions and optimal functioning of the payment gateway solution. However, meeting the requirements is well worth it, as the gateway is reputable, scalable, and can be seamlessly integrated into mobile apps and websites, catering to the growing mobile commerce demand in Qatar.
Fatora
Fatora, a leading payment gateway company headquartered in Qatar, is well-known for its comprehensive invoice management and payment processing solutions. It efficiently manages both local and international transactions, making it a preferred choice for businesses operating on a global scale.
To cater to various business needs, Fatora has incorporated multiple features and services into its platform. These include tokenization, which adds an extra layer of security to digital transactions, recurring payments, and customizable payment plans that offer flexibility and convenience to both businesses and their customers.
One of Fatora’s advantages is its commitment to innovation and transaction security. The company employs AI-based payment security systems that perform behavioral analysis and real-time anomaly detection to identify potentially fraudulent transactions before they occur and reduce false positives. This proactive approach underscores Fatora’s dedication to ensuring that every transaction processed through its platform is secure and reliable.
Noqoody Payment Service
Noqoody, a leading Qatari provider in the POS space, offers a range of custom-made solutions for e-commerce businesses and content providers. The company’s payment gateway supports multiple payment methods, accommodating everything from traditional card payments to modern mobile and wallet payments. Noqoody even offers the unique feature of bill splitting, further enhancing convenience for users and providing them with an unmatched level of payment versatility.
When it comes to the safety and security of its platform, Noqoody leaves no stone unturned. The payment gateways can be customized to meet the unique security needs of each business, and are fortified with robust fraud prevention measures to deter any potential security threats. Through the innovative use of tokenization, Noqoody ensures that all transactions carried out on its platform are secure and private, while users’ financial data is safeguarded at all times.
Doha Bank Internet Payment Gateway
Doha Bank’s Online Payment Gateway is a trusted tool for businesses of various scales. This system enables seamless, effortless, and smooth electronic payments, going beyond the capabilities of traditional point-of-sale (POS) systems. It caters to multiple categories of online merchants, including those operating various e-shopping carts.
Doha Bank Internet Payment Gateway predominantly supports Qatar’s domestic card schemes and bank transfers. However, it also enables direct payments or fund transfers between the bank’s accounts, integrated with services like Doha Pay wallet for instant transfers and QR code payments.
While payment authorization is almost instantaneous, approved transactions are credited to merchants’ accounts within just two business days, aligning with typical credit card POS settlement timelines and ensuring that there is no delay or hindrance to business operations.
Commercial Bank e-Payment Gateway
Commercial Bank of Qatar (CBQ) e-Payment Gateway is an all-encompassing online payment solution, specifically tailored for businesses. It accepts cards from major networks, such as Diners, Discover, Visa, and MasterCard, and integrates with local payment infrastructure for both online and POS transactions. This service guarantees reliable processing for both local and international transactions, leveraging robust 128-bit SSL encryption for superior security.
A distinctive feature of this system is the immediate approval and live tracking of transactions, allowing businesses to monitor their financial activities effectively. The comprehensive Merchant Administration Module simplifies the management of both transactions and operators via an efficient, user-friendly interface. The system is also designed to handle high volumes of transactions, which is vital for scaling businesses. Besides, CBQ e-Payment Gateway can potentially manage emerging payment methods, making it future-proof and a dependable choice for local businesses.
Ooredoo Online Payment Gateway Service
The Ooredoo Money Payment Gateway is a cutting-edge, highly secure system for processing online and mobile transactions. With its user-friendly interface and advanced security features, it enables businesses to accept and handle payments from any location, at any time, providing them with the flexibility and convenience they need to operate in today’s fast-paced digital landscape.
This state-of-the-art payment gateway significantly enhances the customer payment experience. It does this by offering the simple and efficient option of payment through QR code scans. This feature not only simplifies the payment process for customers but also facilitates the growth and rapid scaling of business transactions. With such innovative payment solutions, businesses are able to broaden their customer base, streamline their operations, and ultimately, improve their bottom line.
In a world where digital transactions are becoming increasingly important, the Ooredoo Money Payment Gateway stands out as a reliable, secure, and customer-friendly solution. Furthermore, Ooredoo is dedicated to innovative paytech solutions, recently employing AI-driven fraud protection for mobile payments, advanced fraud control modules and real-time analytics for risk monitoring and performance insights. It’s not just a tool for businesses to process payments; it’s a comprehensive solution designed to drive business growth and customer satisfaction. With flexible, interchange-based pricing, Ooredoo’s gateway is an important part of scalable, secure, and data-driven payment infrastructure in MENA markets.
SkipCash
SkipCash, a reputable payment gateway solution provider in Qatar, is licensed by the Qatar Financial Center and regulated by the Qatar Central Bank, a testament to its credibility and trustworthiness. It offers a secure platform for all types of contactless financial transactions, enabling users to make payments via a mobile app, by scanning QR codes or tapping via NFC technology, without the need for cash, physical cards, or POS devices.
The integration of SkipCash into websites is simplified with the use of straightforward API codes. Merchants can also benefit from reduced operational costs, and the ability to collect and analyze customer data to improve marketing strategies and business growth.
The SkipCash customer-focused dashboard is another noteworthy feature. It allows users to monitor their transactions in real-time, offering a comprehensive overview of their financial activities and making personal finance management a breeze. Besides, SkipCash boasts quick settlement cycles, ensuring that payments are promptly collected.
Dibsy
Dibsy is primarily focused on the payment acceptance needs of Qatari small and medium-sized enterprises (SMEs). This modern payment gateway supports a wide range of local and international payment methods, including credit cards, debit cards, digital wallets like Apple Pay, flexible recurring billing for subscription businesses, and multiple currencies.
Accessible through a single API, Dibsy enables e-commerce payments even for micro-merchants without a separate website. They can generate secure payment links and share them with customers via WhatsApp, email, or social media, creating a multi-channel commercial ecosystem and meeting clients wherever they are.
The solution also offers customizable payment pages for businesses to maintain brand consistency and enhance customer trust. Its reliability is underpinned by robust security measures, like end-to-end tokenization, encryption, 3D Secure integration, Visa Click to Pay solution that uses biometric authentication (facial recognition, fingerprint), and fraud monitoring. Dibsy also provides merchants with an all-in-one platform to manage payments and refunds and monitor transactions in real-time.
