CWallet and Visa enter into partnership to expand payment solutions – The Peninsula

CWallet and Visa enter into partnership to expand payment solutions – The Peninsula

Doha: Qatar’s award-winning FinTech startup, “C Wallet Services W.L.L.”, and Visa, a world leader in digital payments, have entered into a strategic partnership which will see the two companies work to expand their product offerings.

CWallet is a financial technology firm that develops and delivers online, mobile and point of sale solutions across Qatar and the Region, providing digital wallet, marketplace, payment gateway, and prepaid cards to banked and unbanked consumers as well as online merchants and offline merchants.

Under the agreement, CWallet will issue prepaid cards to its customers, and make available Payment Gateway for both online and offline merchants. CPay (Product of Cwallet for Acquiring Services) will be offered to CWallet’s local merchants. The move expands CWallet’s current digital wallet, marketplace, payment gateway and prepaid cards offering.

“This is a huge vote of confidence in CWallet which looks to go well beyond the concept of a digital wallet,” said Michael Javier CEO & Founder of Doha-based CWallet. “With the power of the global Visa payments brand in our payment processing portfolio we are providing an added degree of assurance to our expanding customer base, many of whom are now accessing digital payment solutions for the first time directly through the CWallet