The Qatar Central Bank (QCB) has introduced a new ‘Multiple Wallets per Mobile Number’ feature within the Qatar Mobile Payment (QMP) system, as part of its Third Financial Sector Strategy and efforts to improve mobile payment services in the country.
In a statement posted on its X account, QCB said the feature allows users to register two separate wallets under the same mobile number with different payment service providers.
Users will also be able to set a default account for receiving incoming transfers, and switch between accounts or change the default setting when needed.
QCB described the move as a step towards improving mobile payment options, noting that it is aimed at “enhancing the users’ experience, fostering competition and innovation, and supporting financial inclusion.”
The bank says the update reflects its ongoing commitment to improving digital finance and building a stronger, more inclusive financial ecosystem.
As mobile payments continue to grow, more features are expected to be added to QMP in the near future.
Featured image credit: edited from freepik
