Skip to main content

QNB and Mastercard expand payment services in Syria



Doha, Qatar; January 5th2026: Mastercard announced that QNB Group, the largest financial institution in the Middle East and Africa, was granted a Mastercard license to extend its issuing and acquiring activities in Syria, enabling it to provide Mastercard payment solutions - accepted locally and internationally- to individuals and businesses.

The move, which follows the memorandum of understanding signed between Mastercard and the Central Bank of Syria in September to support the modernization of the country's digital payments infrastructure, will expand access to seamless, secure and innovative digital transactions.

The alliance marks an important milestone for Mastercard and QNB in their joint efforts to enhance digital banking experience, drive financial inclusion and create new opportunities through technology.

This collaboration also reflects QNB's commitment to spearheading digital innovation across its international network and underscores QNB Group's dedication to fostering more resilient growth in this high‑potential market. Together, QNB and Mastercard aim to contribute to the evolution of Syria's payments landscape.
“At Mastercard, we are deepening our commitment to Syria as early investors in a market undergoing meaningful transformation. By empowering our partner banks, we are enabling millions of citizens to access modern financial services and laying the foundations for a robust, future-ready payments ecosystem. Our work supports the country's vision for sustainable economic progress, delivered with full respect for regulatory and compliance standards,” said Adam Jones, division president, West Arabia, Mastercard.

About Mastercard


Mastercard (NYSE: MA) powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're building a resilient economy where everyone can prosper. We support a wide range of digital payments choices, making transactions secure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

www.mastercard.com

About QNB Group


QNB Group stands among the leading financial institutions in the Middle East and Africa region and is recognized as one of the most valuable banking brands in the market. The Group operates in over 28 countries across Asia, Europe, and Africa, offering tailored products and services powered by innovation. Supported by a dedicated team of over 31,000 professionals, QNB Group continues to drive banking excellence worldwide.

https://www.cryptobreaking.com/qnb-and-mastercard-expand-payment/?utm_source=blogger%20&utm_medium=social_auto&utm_campaign=QNB%20and%20Mastercard%20expand%20payment%20services%20in%20Syria%20
Labels:

Comments

Post a Comment

Popular posts from this blog

Coinbase's x402 launches AI agents app store for payments

Coinbase-backed x402 has unveiled Agentic.market, a dedicated marketplace aimed at increasing the usefulness of AI agents by aggregating thousands of apps and services that agents can access without any API keys. The rollout positions the platform as a central hub for agents to discover, evaluate, and deploy capabilities across a standardized payments layer. Coinbase product lead Nick Prince described Agentic.market in a video posted on X as a storefront for discovering, comparing, and using x402 services. The marketplace is designed to give both humans and their AI agents access to a wide range of tools—from data feeds to consumer apps—without the friction of managing API credentials. A storefront for discovering, comparing, and using x402 services. Thousands of services. Zero API keys. Powered by x402. Prince added that the market offers a web interface for humans to browse and assess services, alongside a programming layer that lets AI agents autonomously search, filter, and integra...
Post a Comment
Read more

Top Cryptocurrencies to Watch: BTC, ETH, BNB, XRP, Solana, Dogecoin & More

Market Analysis and Price Predictions for Key Cryptocurrencies Recent market dynamics reveal a cautious sentiment across the cryptocurrency landscape, with Bitcoin struggling to maintain levels above $90,000 and many major altcoins facing downward pressure. Indicators point toward reduced participation from both institutional and retail investors, raising concerns about a potential consolidation phase after notable gains earlier in the year. Bitcoin has fallen below $87,000, reflecting waning demand at higher price points. Institutional fund flows into BTC and ETH ETFs have turned negative, indicating a period of subdued market activity. Active addresses and Binance deposit/withdrawal activities are at annual lows, suggesting market indecision. Most leading altcoins are approaching support levels, with some poised for potential breakdowns. Tickers mentioned: Bitcoin, Ethereum, Binance Coin, XRP, Solana, Dogecoin, Cardano, Bitcoin Cash, Chainlink, Hyperliquid Sentiment: Neutral to Sli...
Post a Comment
Read more

Analyst: Bitcoin can reclaim $100K without a new narrative

Bitcoin has stalled below the $100,000 threshold, marking a run of almost five months without a breakout above that level. As of the latest market close, BTC hovered around $78,250 after a February nadir of about $60,000, underscoring a slow, grinding recovery amid broader market dynamics. In parallel, tech markets—especially AI-focused equities—have captured the spotlight, with investors rotating capital away from crypto in search of different risk-reward profiles. Nvidia (NVDA), the leading AI stock by market cap, has gained about 5.08% since the start of the year, while Bitcoin has faced a roughly 10% dip over the same period, illustrating a diverging performance within risk assets. MN Trading Capital founder Michael van de Poppe suggested that Bitcoin may not require a fresh narrative to push back above $100,000. In a post on X, he asked what narrative would drive BTC to the milestone and concluded that “price moves upwards, and the narrative will create itself.” He continued that ...
Post a Comment
Read more