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Qatar Central Bank (QCB) has issued the first license in the country to provide the Buy-Now-Pay-Later (BNPL) service to PayLater, a company that was earlier approved among the "first cohort” from submitted applications.With this, some 13 companies have been approved by QCB in the financial technology sector.Earlier, QCB had approved five companies "as a first cohort” from submitted applications under the ‘Buy-Now-Pay-Later’ (BNPL) scheme.The BNPL service provides customers with the flexibility to settle their purchases by instalments over a specified period of time.
March 28, 2025 | 12:48 PM