Sign in Register
Posted On: 19 February 2024 01:33 pm
Updated On: 19 February 2024 02:07 pm

Qatar Central Bank to launch 'Fawran' instant payment application in March

Cassandra Pallagud
Cassandra Pallagud
Content Writer
Discuss here!
Start a discussion
Qatar central bank launch fawran instant payment application march 2024

Qatar Central Bank has announced the launch of the digital payment application 'Fawran' in March. The service aims to develop payment system infrastructure and fund transfer services in Qatar.

Fawran features

  • Instantly send and receive funds
  • Simplify transactions by using alternative identifiers, such as your mobile phone number, in place of an IBAN
  • Access the service 24/7, without interruption

Source and cover image credit: Qatar Central Bank