Qatar Central Bank permits Sadad Payment Solutions to provide payment services – The Peninsula

Qatar Central Bank permits Sadad Payment Solutions to provide payment services – The Peninsula

- Sadad Payment Solutions Company obtains a licence from Qatar Central Bank to provide payment services.

- Sadad Payment Solutions becomes the third company after ‘Ooredoo Money’ and ‘iPay’ of Vodafone Qatar to provide payment services.

- Sadad Payment Solutions contributes to developing the financial technology sector and promoting financial inclusion in the State of Qatar.

- Sadad Payment Solutions provides electronic payment services and point of sale devices.

Qatar Central Bank (QCB) granted a license to Sadad Payment Solutions Company to provide payment services in the State of Qatar, making it the third company that obtained this license from Qatar Central Bank. This license will strength the services provided by Sadad Payment Services Company (Sadad merchant and company services), which the company has been providing since its establishment in 2018 to become one of the leading payment solutions providers in the Qatari market.

The Sadad Payment Solutions is Qatar's leading business-to-business payment solutions provider and offers distinguished systems for managing electronic payments. The company started its first transactions through the payment gateway in 2018. The company is currently carrying out its transactions in Qatari riyals and many international currencies in a safe manner.

The company uses a tool known as API modules to provide effective