99% of the population of Qatar has access to the internet.
No Open Banking
Qatar launched its Fintech strategy in March 2023.
Particularly, the low-income, high-volume market, such as migrant and domestic workers, as well as micro-entrepreneurs, and small and medium-sized businesses (SMEs), benefit from Open Banking applications, which enable access to financial services such as payroll and payments.
Qatar ranked 4th out of 134 in Wiley’s Digital Skills Gap Index (DSGI) 2021.
The Qatar Central Bank (QCB) is preparing to launch sandbox technology for computer security as part of QCB’s preparations to unveil its Fintech strategy.