Central Banking

Qatar to launch Payment Gateway early next year

Qatar's Central Bank (QCB) has said is will launch its Payment Gateway in early 2005 which will boost and ease e-commerce and e-transactions in Qatar.

Hashim Al-Sadda, Director of System and Planning at QCB told a news conference yesterday that the Gateway would allow for several electronic transaction applications.

Al-Sadda noted that the introduction of the gateway which has been successfully tested in a pilot project, is a very challenging task as it requires a far more advanced security

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