Tasmu Digital Valley

A payment gateway is a system and infrastructure that facilitates payments from e-commerce stores. It processes the transactions from a website, thus enabling merchants to accept and manage payments and mitigate fraud in a secure way.

What is the Payment Gateways Market Size in Qatar?

The current market for e-commerce in Qatar is estimated at US$1.2b. Of this an estimated 38% passes through local merchants. Government initiatives are currently heavily promoting the adoption of e-commerce, consumer protection, advanced marketing & advertising, consumer trust culture, and digital infrastructure which will help drive the local e-commerce market.

1.2b USD

Why invest in Payment Gateways in Qatar?

01

Behavioral and demographic trends in the consumer market both point towards in increasingly preference towards online shopping using cashless payment. As local e-commerce grows, there will be large opportunities for payment gateway players to capture new market share.
02

The majority of businesses in Qatar already transact online in some way, indicating a high degree of awareness in payment systems. However challenges faced with existing service offerings indicate a strong opportunity for new entrants.
03

Additionally, as the government pushes growth in Qatari e-commerce and businesses, the percentage of sales generated through online channels can be expected to increase.