tag

Qatar’s instant payment infrastructure recorded a significant surge in activity during June, with the Fawran Instant Payment System posting substantial year-on-year growth in both transaction value and volume, according to the latest statistics released by the Qatar Central Bank (QCB).The figures highlight the accelerating adoption of digital payments in Qatar and the growing role of instant transfers in the country’s financial ecosystem. Accordingly, the total value of transactions processed through Fawran reached QR6.745bn in June 2026, compared with QR2.752bn in June 2025, an annual increase of 145%.In absolute terms, transaction value rose by around QR3.993bn over the 12-month period, meaning the value processed through the system was about 2.45 times higher than the level recorded in June last year.The transaction volumes also recorded strong growth, rising to 3.886mn in June this year, compared with 1.735mn in June 2025. This is an increase of 124%, or around 2.151mn additional transactions in just one year, which clearly indicates the rapidly expanding use of instant payments among individuals and businesses across the country.The increase in transaction value was faster than the rise in transaction volume, indicating that users were making more payments through the system in addition to transferring larger amounts on average. Based on the reported figures, the average transaction value increased from around QR1,586 in June 2025 to QR1,736 in June 2026, an increase of around 9.5%.The QCB's statistics indicate that the user base of system is expanding. The total number of registered accounts reached 3.884mn, underlining the broad adoption of instant payment services and the increasing integration of digital financial solutions into everyday transactions.Fawran forms part of Qatar’s broader digital payments infrastructure overseen by the QCB. The system enables customers to make instant transfers between participating bank accounts, supporting faster and more convenient movement of funds. Its availability around the clock and the use of different identifiers for beneficiaries are designed to make transfers more accessible while supporting efficient and secure digital transactions.The system’s rapid growth reflects a wider shift in consumer and business payment behaviour, as digital channels increasingly replace traditional methods of transferring money. The sharp increase in both transaction volume and value suggests that instant payments are becoming an increasingly important component of Qatar’s financial infrastructure, supporting faster transactions and greater convenience for users.The June 2026 figures also build on the growth recorded during the previous year. Fawran transaction value had already increased from QR2.752bn in June 2025 to QR5.092bn in December 2025, while the number of monthly transactions rose from 1.735mn to 3.187mn during the same period. The further increase to QR6.745bn and 3.886mn transactions in June 2026 indicates continued momentum in the adoption of instant payment services.Alongside instant payment services, the country’s payment ecosystem includes mobile payment solutions, electronic payment gateways, automated teller machine and point-of-sale networks, as well as systems supporting high-value interbank settlements.The latest figures provide a clear indication of the pace at which digital payments are becoming embedded in Qatar’s financial landscape. With QR6.745bn in transactions, 3.886mn transactions and 3.884mn registered accounts recorded in June 2026, Fawran is emerging as a major channel for fast digital money transfers. The annual growth rates of 145% in transaction value and 124% in transaction volume underscore the growing demand for instant, convenient and digitally enabled financial services, while reinforcing the QCB efforts to develop a modern and efficient payments ecosystem in support of the country’s broader digital transformation. 

Qatar saw a total of 66.19mn transactions valued at QR20.09bn through the country's payment system in December 2025 as the domestic real time payment service Fawran and QMP saw a robust double-digit growth in volumes and value, according to the Qatar Central Bank (QCB) data. Indicating the increased use of electronic means in the financial sector, the number of transactions and total value grew 5.38% and 7.84% month-on-month respectively in December 2025, the QCB said in its social media handle X. The Qatar Payment System (QPS) is designed on the concept of real-time gross settlement (RTGS) and electronic straight through processing (e-STP). The point-of-sales constituted 49% of the payment system transaction in December 2025 (51% in November 2025), followed by Fawran or instant payment system at 25% (24%), e-commerce 24% (23%), and QMP at 2% (2%) in the review period. There were 50.71mn card transactions through point-of-sales – which enables merchants to process payments and log transactions – valued at QR9.92bn in December 2025. The point-of-sales transactions increased 5.4% and 4.86% month-on-month in volume and value respectively. The e-commerce transactions witnessed as many as 11.77mn transactions valued at QR4.74bn in the review period. The number of transactions and their total value jumped 2.88% and 8.97% respectively compared with November 2025. The point-of-sales and e-commerce together amounted to QR14.67bn through 62.48mn transactions in December 2025, which showed 6.23% and 4.92% surge in value and volume respectively on a monthly basis. Fawran – a real-time payment service in Qatar, allowing users to send and receive money instantly and securely within the country – registered as many as 3.19mn transactions valued at QR5.09bn in December 2025, shooting up 13.12% and 12.36% month-on-month respectively. The total number of Fawran accounts registered a 1.4% month-on-month growth to 3.61mn in the review period. Fawran was launched in 2024 and system members are QNB, Commercial Bank, Qatar Islamic Bank, Ahli Bank, Dukhan Bank, Doha Bank, QIIB and AlRayan Bank. QMP – which allows immediate transfer of funds between registered customers through any registered payment service providers – saw as many as 521,567 transactions valued at QR329.96mn in December 2025. Total number of transactions and value zoomed 18.12% and 13.96% respectively against November 2025 levels. There has been a total of 1.27mn registered wallets in the review period, registering a 2.42% increase on a monthly basis. The QMP is a centralised payment system that was launched in 2020, to enable individuals and corporates to perform instant fund transfers between e-wallets within payment service providers in Qatar. The system members are QNB, Commercial Bank, Doha Bank, Qatar Islamic Bank, Ahli Bank, QIIB, Arab Bank, HSBC Qatar, AlRayan Bank, Dukhan Bank, i-pay and Ooredoo Money. The QPS is based on the SWIFT network and messages standards and utilises the SWIFT messages to reconcile and settle the local payments and securities ownership transfers. Qatar's retail payment system comprise electronic cheque clearing system; national network system for ATMS and Points of Sales (NAPS); QMP; direct deposit and debit (QATCH); electronic payment gateway (QPay); wage protection system (WPS); and Fawran. 

Indicating the increased use of electronic means in the financial sector, Qatar saw a total of 59.95mn transactions valued at QR18.47bn through the country's payment system in October 2025 as the domestic real time payment service Fawran reported a robust double-digit growth in volumes and value, according to the Qatar Central Bank (QCB) data.The number of transactions and total value grew 8.84% and 10.73% month-on-month respectively in October 2025, the QCB said in its social media handle X.The Qatar Payment System (QPS) is designed on the concept of real-time gross settlement (RTGS) and electronic straight through processing (e-STP).The point-of-sales constituted 50% of the payment system transaction, followed by e-commerce 25%, Fawran or instant payment system at 24% and QMP at 1% in the review period.There were 46.03mn card transactions through point-of-sales – which enables merchants to process payments and log transactions – valued at QR9.19bn in October 2025. The card transactions increased 8.48% and 8.63% month-on-month in volume and value respectively.The e-commerce transactions witnessed as many as 10.82mn transactions valued at QR4.44bn in the review period. The number of transactions and their total value jumped 7.23% and 4.96% respectively compared with September 2025.The point-of-sales and e-commerce together amounted to QR13.63bn through 56.85mn transactions this October, which showed 8.24% and 7.41% surge in volume and value respectively on a monthly basis.Fawran – a real-time payment service in Qatar, allowing users to send and receive money instantly and securely within the country – registered as many as 2.68mn transactions valued at QR4.56bn in October 2025, shooting up 21.27% and 23.58% month-on-month respectively.The total number of Fawran accounts registered a 1.77% month-on-month growth to 3.45mn in the review period.Fawran was launched in 2024 and system members are QNB, Commercial Bank, Qatar Islamic Bank, Ahli Bank, Dukhan Bank, Doha Bank, QIIB and AlRayan Bank.QMP – which allows immediate transfer of funds between registered customers through any registered payment service providers – saw as many as 421,491 transactions valued at QR289.42mn in October 2025. While total number of transactions zoomed 17.26%, total value was down 1.77% against September 2025 levels.There has been a total of 1.22mn registered wallets in the review period, registering a marginal 0.83% increase on a monthly basis.The QMP is a centralised payment system that was launched in 2020, to enable individuals and corporates to perform instant fund transfers between e-wallets within payment service providers in Qatar.The system members are QNB, Commercial Bank, Doha Bank, Qatar Islamic Bank, Ahli Bank, QIIB, Arab Bank, HSBC Qatar, AlRayan Bank, Dukhan Bank, i-pay and Ooredoo Money.The QPS is based on the SWIFT network and messages standards and utilises the SWIFT messages to reconcile and settle the local payments and securities ownership transfers.Qatar's retail payment system comprise electronic cheque clearing system; national network system for ATMS and Points of Sales (NAPS); QMP; direct deposit and debit (QATCH); electronic payment gateway (QPay); wage protection system (WPS); and Fawran.