Ahmed Al Munayes Discusses Tap Payments’ Strategy to Revolutionize Online Payments in Qatar
Ahmed Al Munayes discusses Tap Payments' role in Qatar's digital transformation in his interview with The Business Year.
Our Managing Director in Qatar, Ahmed Al Munayes, recently shared insights with The Business Year magazine (TBY) about Tap Payments strategic initiatives and the impact of our payment products on enterprises, SMEs, tech startups, and eCommerce ventures.
The Business Year Interview
TBY: What is Tap Payments' core mission?
Al Munayes: Since our inception in 2014, Tap Payments has been dedicated to breaking down barriers for businesses transitioning to digital payments. We've revolutionized the setup process, making it faster and easier for companies to embrace online payments. Today, we proudly support over 100,000 businesses across nine countries, offering cutting-edge, user-friendly payment products.
TBY: Why did Tap Payments choose Qatar as a base for expansion?
Al Munayes: Qatar's dynamic economy and commitment to digital transformation aligned perfectly with our growth strategy. Establishing a local presence in 2019 allowed us to strengthen our infrastructure, improve service delivery, and build stronger relationships with Qatari businesses and regulators. Even before our physical presence, we were strategically engaging with businesses in Qatar, ensuring that our services were perfectly aligned with the nation's regulatory and economic frameworks.
Recently, we took a significant step forward by acquiring our Payment Service Provider (PSP) license from the Qatar Central Bank.
TBY: How does Tap Payments connect the MENA region to the global economy?
Al Munayes: Our efforts in Qatar are part of a broader strategy to connect the entire MENA region more closely with the global economic landscape. By treating the region as a unified market, we enhance its appeal to international investors and simplify cross-border transactions for businesses, building broader economic growth and regional integration.
TBY: What role does Tap Payments play in Qatar's digital future?
Al Munayes: We're deeply committed to supporting Qatar's National Vision 2030 and its ambitious digital transformation goals. We're particularly excited about the development of smart cities and the transition to a cashless society. Tap Payments serves as a vital bridge, connecting Qatari businesses with innovative payment products that drive growth and innovation.
The Future of Digital Payments in Qatar:
Tap Payments is more than just a payment provider; we're actively shaping the future of digital payments in Qatar and the wider MENA region. Our commitment to innovation and expansion is unwavering, as we strive to empower businesses with seamless, secure, and transformative payment products. Stay tuned for more updates as we continue our journey to revolutionize payments in Qatar, MENA, and beyond.
Interested in enhancing your business with cutting-edge payment products? Visit our Website to learn more about Tap Payments and explore the possibilities in payments and fintech.
Read the full Ahmed Al Munayes TBY interview here.
