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QNB Group, a leading financial institution in the Middle East and Africa, has announced the launch of card and digital payments acceptance in Syria. This follows the recent decision by the Central Bank of Syria (CBS) regarding the modernization of the country’s financial sector.
This milestone marks a significant step forward in the development of Syria’s digital payments infrastructure and reflects QNB Group’s continued commitment to supporting economic growth, financial inclusion, and secure commerce. The launch enables eligible merchants to accept card and digital payments, improving efficiency, transparency, and customer experience.
Commenting on the launch, Mr. Adel Ali Al-Malki, Senior Executive Vice President QNB Group Retail Banking stated: “We are very proud to become the first bank
globally supporting digital payment acceptance in the Syrian market, which witnesses rapid transformation driven by the Central Bank of Syria (CBS) to reduce cash reliance. We look forward to providing our customers with a seamless, secure, and instant digital payment experience that exceeds their expectations”.
The development and launch have been delivered through close orchestration between multiple parties ensuring adherence to local and international guidelines. A phased and controlled approach will be adopted supporting a sustainable rollout of acceptance services across multiple industries. QNB Group is expanding its Cards Products in collaboration with International Payment schemes for Individual and businesses.
QNB Group continues leading the banking product and services with deep commitment to enhance the digital payment ecosystem in the markets it operates in.