Qatar’s digital and instant payment ecosystem recorded robust expansion in July 2026, driven by a sharp rise in both transaction value and volume across key processing platforms.
Data released by the Qatar Central Bank (QCB) showed that total payment system transactions jumped 40% year-on-year (y-o-y) to reach QR106.81bn in July 2026, up from QR76.05bn during the same period in 2025. Total transaction volume grew by 23% to hit 72.487mn transactions, up from 58.970mn recorded a year earlier.
Transfer payment systems accounted for 78.9% of total transaction value in July 2026, with cards payment systems securing the remaining 21.1%. By volume, cards payments represented 87.5% of all transactions, while transfer systems accounted for 12.5%.
The QCB's instant payment network, Fawran, posted an identical 108% growth in both value and volume. Transaction value reached QR6.80bn, up from QR3.27bn in July 2025, while total volume rose to 3.88m transactions from 1.89mn in July 2025. Total registered accounts under the Fawran system stood at 3.91mn.
Similarly, the Qatar Mobile Payment (QMP) platform experienced significant growth, with registered wallets reaching 1.474mn. Total transaction volume surged 183% to 907.452mn from 320.09mn in July 2025, while transaction value expanded 67% to reach QR461.664m in July 2026.
Bank account transfers processed through the Tahweel system expanded by 63% in total value to hit QR77.05bn from QR47.25bn in July 2025. Transaction volume via Tahweel grew 170% y-o-y, reaching 4.23mn from 1.56mn in July 2025.
Card payment statistics showed overall transaction value hitting QR22.49bn across 63.45mn transactions. Point-of-sale (POS) volume reached 46.46mn transactions, online e-commerce transactions recorded 11.81mn, and ATM usage stood at 5.17mn transactions.
While total card transaction volume grew 15% to hit 63.45mn transactions, total card payment value contracted 11% to QR22.49bn in July 2026. ATM transaction value dropped from QR12.66bn in July 2025 to QR10.02bn in July 2026 across 5.17mn cash withdrawals, while e-commerce payments stood at QR4.21bn in July 2026 over 11.81mn online transactions. Point-of-sale transactions generated QR8.262bn last month across 46.461mn transactions.