Ooredoo Money partners with Mastercard to facilitate fast, secure online remittances

Ooredoo Money partners with Mastercard to facilitate fast, secure online remittances

Doha

Ooredoo Money has signed a strategic partnership with Mastercard to enable consumers to carry out simple, speedy, and secure remittance payments.

The agreement will see Ooredoo becoming the first mobile network operator in Qatar to launch Mastercard’s cross-border services, which will offer Ooredoo Money customers more choices as they transfer money in real time directly to bank accounts and mobile wallets globally.

Ooredoo will now be able to seamlessly process digital payments for its Ooredoo Money customers, leveraging Mastercard’s cross-border services global network through a single connection. Furthermore, these cross-border payments can reach almost anywhere in the world with certainty and predictability and without back-end charges. Mastercard’s platform plays a key role in improving world-wide connectivity, by providing new and enhanced innovation across the global digital ecosystem.

Sheikh Nasser bin Hamad bin Nasser al-Thani, chief commercial officer at Ooredoo, said: “We have a strategic commitment to seeking, establishing, and developing partnerships with world-leading entities in order for us to remain at the forefront of our industry and continue to drive our pursuit of excellence.

“We are delighted to partner with Mastercard with its reputation for enabling scores of banks, fintechs, mobile network operators, and exchange houses to modernise remittances.