The Qatar Central Bank (QCB) has revealed that its national payment card, Himyan, is now officially accepted in Kuwait, marking a significant milestone in efforts to strengthen regional financial integration.
This development aligns with the goals of the Third Financial Sector Strategy and marks a key milestone in the bank’s efforts to advance digital payment systems. It also aims to bolster cooperation among the Gulf Cooperation Council (GCC) countries.
In a post on X, the Qatar Central Bank announced that Himyan cardholders can now make purchase transactions and withdraw cash at various points of sale and ATMs across Kuwait, all while benefiting from the highest security and protection standards.
It added that this expansion in the acceptance of services of the national Himyan card reflects QCB’s commitment to providing reliable and secure national Himyan card services within the local payment ecosystem, which is fully managed and operated by QCB. It also reaffirms its dedication to strengthening regional integration in the field of payment systems.
Himyan Card: Enhancing Financial Inclusion and Digital Payment Solutions
The Himyan card is considered the first national payment card with a Qatari commercial brand, owned by Qatar Central Bank. It was launched as part of QCB’s ongoing efforts to enhance and develop digital payment systems, support innovation and digital transformation in Qatar’s financial sector, and provide secure and efficient local payment options.
According to the QCB statement, the card will offer numerous advantages, as it can be issued to both banking and non-banking customers, thereby enhancing financial inclusion in Qatar. The issuance of the card does not require a minimum account balance. The card also supports the contactless feature and provides lower transaction fees for issuers, acquirers, and merchants.
