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Beijing, China – October 22, 2024 – Nium, the leading global infrastructure for real-time cross-border payments, is thrilled to announce its strategic partnership with Doha Bank, a premier financial institution in Qatar. This collaboration marks Nium's inaugural partnership in Qatar, underscoring its commitment to revolutionizing the landscape of international payments.
Central to this collaboration is the commitment to offer fast, reliable, and cost-effective remittance services to residents of Qatar. By harnessing Nium's expertise in facilitating seamless cross-border payments, coupled with Doha Bank's localised insights and market expertise, this partnership aims to introduce real-time payment solutions that set a new standard for efficiency and affordability in the industry.
Through this partnership, customers of Doha Bank will gain access to cutting-edge real-time payment solutions, empowering them to seamlessly transfer funds across borders with speed and efficiency. Leveraging Nium's advanced technology and Doha Bank's esteemed reputation and extensive customer base, this initiative promises to redefine the way people in Qatar conduct cross-border transactions.
"Doha Bank is dedicated to delivering innovative financial solutions that cater to the evolving needs of our customers," said Tarun Minglani, Group Head of Financial Institutions, Syndication & Secondary Markets business at Doha Bank. "We are confident that partnering with Nium, a global leader renowned for its comprehensive suite of services and proven track record with other financial institutions, will enable us to provide unparalleled value to our clients."
"Enabling individuals to seamlessly transfer money across borders is pivotal in today's interconnected world," stated Anupam Pahuja, Executive Vice President and General Manager, for Asia Pacific, Middle East and Africa at Nium. "We are excited to join forces with Doha Bank to address the evolving needs of customers in Qatar, empowering them with the ability to conduct real-time transactions globally. This collaboration exemplifies our shared vision of driving financial inclusion and accessibility through technology."