Vodafone Qatar’s Infinity Payment Solutions (IPS), a separate financial entity and 100% subsidiary of Vodafone, has announced the launch of iPay, Qatar’s first licensed e- wallet.
Licensed by Qatar Central Bank, iPay, is a secure e-wallet developed by Infinity Payment Solutions, in strategic partnership with Commercial Bank of Qatar (CBQ), Gulf Exchange and Paytm. iPay offers customers direct access to instant local transfers to all banks and wallets under the Qatar mobile payment network, as well as the international remittance and merchant payments.
iPay is an operator agnostic wallet and is available for all consumers in Qatar, regardless of their telecom service provider. Customers can register through the iPay application, available to download on Apple and Google Play stores, in less than 60 seconds and conduct fast and secure local and international remittances with friends and family, instant merchant payments at their favourite outlets and select utility Infinity Payment Solutions,.
Diego Camberos, Chief Operating Officer (COO) at Vodafone Qatar, said: “Our new iPay solution supports Qatar’s move towards a more digitised economy, as well as QCB’s vision of achieving a cashless economy by 2030. Vodafone has responded to the growing demand for accessible digital fin-tech solutions – a trend that was observed globally in 2020 and has continued to grow in significance since then. It is also part of our wider digital transformation agenda for Qatar, aiming to support customers quickly and efficiently via cutting-edge self-service technologies.
