QNB, Paymera partner to advance Syria’s digital payments ecosystem

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Doha, Qatar: QNB Group, a leading financial institution in the Middle East and Africa, through its subsidiary QNB Syria, has signed a Memorandum of Un...

Senior Executive Vice President - Group Retail Banking at QNB Adel Al-Malki and Chief Executive Officer of Paymera Ahmad Kharboutli during the signing of MoU.

Doha, Qatar: QNB Group, a leading financial institution in the Middle East and Africa, through its subsidiary QNB Syria, has signed a Memorandum of Understanding (MoU) with Paymera for Electronic Payment Services to explore opportunities to advance Syria’s digital payment infrastructure and enhance connectivity with international payment networks.

The agreement builds on QNB Group’s continued efforts to advance digital payments in Syria. In August 2026, QNB Group and Mastercard completed the country’s first international card payment transaction in more than 15 years, followed by the introduction of locally issued Mastercard cards through QNB Syria in September. Together, these milestones have helped establish a foundation for greater connectivity between Syria’s domestic banking infrastructure and international payment networks.

“By combining Paymera’s local infrastructure with QNB Group’s international payments expertise and cross-border connectivity, we aim to create new opportunities for merchants and consumers while supporting the continued modernisation of Syria’s financial sector.”

The MoU was signed at a ceremony in Doha attended by senior representatives from QNB Group, QNB Syria and Paymera, reflecting the commitment of all parties to support innovation and financial sector development through modern payment solutions.

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