YouGo Online Services Ecommerce, promoters of YouGo PayWay, a new mobile payment application being launched in Qatar, has unveiled its 'Coming Soon' English and Arabic teasers. YouGo PayWay president Sheikh Hassan bin Hamad al-Thani and vice-president Sheikh Abdulla bin Suood al-Thani launched the teasers. Managing director Dr Abdul Rahman Karinchola presided over the ceremony.
"Following two years of development in Qatar, we are launching a safe, secure and user-friendly application," General manager Kennath John Clark said.
"As one of the leaders in this field, we have been working closely with Qatar Central Bank to ensure our product meets all their Fintech requirements. We are already THEQA Certified by the Ministry of Transport and Communications and we are awaiting SSQA Certification," he explained.
"YouGo PayWay is a mobile payment application accessible through mobile phone or online, to make payments in a simple, contactless, fast and secure way for a variety of services. "Many of YouGo PayWay’s customers are currently reliant on cash as they do not have full bank accounts or access to debit and credit cards. YouGo PayWay reduces the need for them to carry cash and is a contactless solution, satisfying the preference of most retail outlets these days.
"Our customers can re-charge their YouGo Wallets by cash, via our growing number of agents in Qatar or, directly through debit and credit cards. The funds in the YouGo Wallet can then be used for an increasing variety of services including Scan & Pay at our network of merchants or, for the purchase of mobile phone re-charges or flight tickets.
"To meet customer demand, we are adding more services in the near future like event and cinema tickets and more travel options. We will also encourage customers to download the application and re-charge their YouGo Wallets by offering incentives such as cash backs, referral bonuses and competitions with YouGo Wallet refill prizes," the official added.