Doha Bank and Mastercard forge strategic partnership to innovate Qatar’s payment systems

Doha Bank and Mastercard forge strategic partnership to innovate Qatar's payment systems

Doha Bank and Mastercard have established a long-term strategic partnership aimed at enhancing the bank’s leadership in customer service and innovation in payment solutions.

This initiative is a part of Doha Bank’s ‘Himma’ roadmap, designed to transform its operations and client services.

This significant agreement, among the largest in Qatar’s financial landscape, was concluded swiftly, illustrating the mutual commitment of both parties to foster digital payment adoption. The collaboration will enable Doha Bank to leverage Mastercard’s digital solution expertise, vital for the strategic overhaul at Doha Bank and solidifying the bank’s dominance in the domestic card market.

Sheikh Abdulrahman bin Fahad Al Thani, Group CEO, Doha Bank, said, “Doha Bank is committed to playing a pivotal role in achieving the objectives of the Third Financial Sector Strategic Plan as part of Qatar National Vision 2030. Our forward-looking partnership with Mastercard is a part of our continuous efforts to reshaping the country’s payments landscape providing the best benefits and solutions to the various segments of our customers.”

Dimitrios Dosis, President, Eastern Europe, Middle East and Africa, Mastercard, said, “At Mastercard, we are focused on driving payments innovation, accelerating digital transformation, and boosting financial inclusion across the globe. As one of the region’s most dynamic economies with a robust and positive outlook, Qatar is an integral part of our growth strategy. This long-term partnership with Doha Bank will be a key milestone for the country’s ambitious digital future as we help unlock new opportunities for its people.”

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