iPay, a secure e-wallet application, part of Vodafone Qatar’s Infinity Payment Solutions (IPS), has marked its first strategic partnership with the official transportation company in Qatar, Mowasalat (Karwa).
Customers can register through the iPay application to make instant digital payments after completing their trips.
In line with Qatar Central Bank’s recent announcement stating that all businesses must provide consumers with access to digital payments, the partnership also aims to drive QCB’s vision towards a cashless economy by 2030.
“I am pleased to announce that Karwa customers will be the first in Qatar to enjoy paying their ride fares through the iPay e-wallet. This step is part of the collaboration between the two entities in many fields. This operator-independent digital wallet is a product conceptualized in Qatar, and we are happy to make this available to our Karwa customers as an addition to the current Karwa Taxi App payment options. We are moving towards providing improved services to our local community, by making every ride with Karwa a seamless, comfortable, and enjoyable experience. At Mowasalat, we believe technological innovation in our services is key to increasing our customer base and ensuring continued customer satisfaction.”
Mr. Diego Camberos, COO of Vodafone Qatar, said that “This partnership with Mowasalat marks a significant milestone in the development of iPay. Through this collaboration, we can support the drive towards a fully digitized economy in Qatar, as well as provide our customers with a hassle-free experience while making day-to-day payments.”
Licensed by QCB, iPay, is developed in strategic partnership with the 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 international remittance and merchant payments.