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SkipCash offers innovative digital payment solution via mobile phone
07 Apr 2021 - 10:22
The Peninsula
Doha: SkipCash, a mobile payment technology company, promotes innovative and contactless mobile payment solutions to provide one of the unique and safe payment services for both individuals and merchants.
SkipCash is the innovation of Qatari entrepreneur Mohamed Abdulaziz Al-Delaimi (pictured), who has a long experience in technology. He devised a product to meet the local fintech sector requirements and fill in digital payments gaps, decreasing the dependency on cash or even bank cards. In addition, SkipCash is the ideal contactless payment method during the pandemic and represents the perfect payment solution for individuals and merchants.
Digital Incubation Center names 25 winners; celebrates graduation of 17 startups
21 Jan 2021 - 8:01
The Peninsula
Doha: The Digital Incubation Center of the Ministry of Transport and Communications (MoTC) has announced the 25 winners of the fourth edition of IdeaCamp, which was held virtually for the first time, in line with the precautionary measures for COVID-19.
The announcement was made at a virtual ceremony attended by Reem Mohamed Al Mansouri, Assistant Undersecretary of Digital Society Development Sector at MoTC. The ceremony was also organised to celebrate the graduation of 17 startups that completed their incubation in 2020.
The announcement of the 25 IdeaCamp winners comes after a round of pitching by 40 shortlisted startups in front of a distinguished jury panel that included experts in the field from Ooredoo, Qatar Development Bank, Tasmu Smart Qatar, QRDI, Bedaya Center and AppLab
FinTech sector in Qatar grows amid pandemic
24 Dec 2020 - 9:17
File photo used for representation only.
Sachin Kumar/ The Peninsula
The demand for cashless and contactless payment has significantly increased after the outbreak of COVID-19, which led to imposition of restrictions to limit the spread of coronavirus. The rising demand for contactless payment in Qatar has created opportunities for growth for the FinTech (a short form for Financial Technology) sector.
“The pandemic has allowed FinTech payment propositions to flourish in the Qatari market, as the government officially promotes cashless transactions under the circumstances,” said a report released by The World Alliance of International Financial Centers. The report was compiled by experts at Qatar Financial Centre (QFC) and Luxembourg for Finance with the support of the WAIFC.