The Banking Executive Magazine - August Issue

QNB QNB First Bank in GCC TO LAUNCH COMMERCIAL UNIFIED DIGITAL WALLET INTEGRATION USING MASTER- CARD GATEWAY QNB has achieved another major milestone by becoming the first bank in the GCC to enable Digital Wallet acceptance through a single, unified integration on the Mastercard Gate- way Hosted Checkout platform. The solution leverages Mastercard Gateway’s latest Hosted Checkout capability, where Digital Wallets are enabled through a single integration flow for both web and mobile envi- ronments. This approach reduces technical complexity, improves time-to-market and enhances merchant satisfaction, particularly for small and mid-sized businesses that benefit most from ready-to-deploy payment technolo- gies. With this advancement, QNB is lead- ing the way in simplifying digital wallet acceptance for merchants through a scalable, seamless and fully integrated solution. The imple- mentation ensures that all new e- commerce merchants onboarded through Hosted Checkout will be au- tomatically enabled to accept digital wallets at once. Additionally, all existing QNB Hosted Checkout merchants will also be upgraded to accept digital wallets without any development time and cost. Adel Ali Al Malki, Senior Executive Vice President, Group Retail Banking at QNB, commented: “QNB contin- ues to lead in Cards and Payments by offering best-in-class payment solu- tions to our merchant community. Through this unified integration, we are delivering not only an advanced technology, but also a more robust and secure next-generation digital commerce. As the industry leader in acquiring business, QNB is commit- ted to further scaling digital accept- ance with relevance and simplicity. We continue empowering every QNB merchant to deliver seamless, secure and modern payment experi- ences to their customers.” Erdem Cakar, Country Manager for Qatar and Kuwait at Mastercard, said: “At Mastercard, we’re commit- ted to transforming the way busi- nesses and consumers engage with digital payments. Our collaboration with QNB to introduce the GCC’s first unified digital wallet integration demonstrates our focus on empow- ering merchants with cutting-edge, streamlined payment solutions. This milestone advances our vision of building a thriving, inclusive digital economy that delivers enhanced convenience and security for every- one.” As the largest acquirer in Qatar, QNB’s leadership in payments inno- vation has been demonstrated con- sistently through key initiatives across major industry sectors. the BANKING EXECUTIVE 30 ISSUE 200 AUGUST 2025