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Business / Qatar Business

QCB licenses PayLater to provide BNPL services

Published: 27 Mar 2025 - 10:06 pm | Last Updated: 27 Mar 2025 - 10:08 pm
Peninsula

QNA


Doha: Qatar Central Bank (QCB) issues its first license in the country for Paylater to provide Buy-Now-Pay-Later (BNPL) services.

In a post on X platform on Thursday, QCB pointed out that issuing this license complements efforts to strengthen the financial technology sector, bringing the number of companies under QCB's supervision and oversight in the financial technology sector to 13.