The Dukhan Bank fintech partnership was announced following the signing of memoranda of understanding with Sadad and Skip Cash. The agreements were signed during Web Summit Qatar 2026 in Doha. All three entities operate within Qatar’s regulated financial and payment services ecosystem.
Sadad and Skip Cash are licensed by the Qatar Central Bank as payment service providers. The agreements outline a framework for exploring future cooperation. Any collaboration will be subject to regulatory approval, internal governance, and applicable laws.
Scope of the Dukhan Bank Fintech Partnership
The Dukhan Bank fintech partnership focuses on potential cooperation in merchant banking, SME services, and payment acceptance solutions. Dukhan Bank will assess opportunities to support merchants operating on Sadad and Skip Cash platforms.
The bank may explore becoming a preferred banking partner for eligible merchants. This status would depend on compliance checks, eligibility criteria, and regulatory clearance. No binding commercial obligations were confirmed at the time of signing.
Role of Sadad and Skip Cash in the Partnership
Sadad provides digital payment services across Qatar. Its offerings include point-of-sale terminals, payment gateways, and electronic wallet solutions. The company supports businesses of varying sizes.
Skip Cash also delivers payment acceptance services in Qatar. Its solutions include POS systems and online payment processing for merchants. Both firms operate under Qatar Central Bank supervision.
Under the Dukhan Bank fintech partnership, Sadad and Skip Cash may refer merchants and SME clients to Dukhan Bank. Referrals would require customer consent and adherence to legal and regulatory requirements.
Future Steps Under the Dukhan Bank Fintech Partnership
The memoranda allow the parties to evaluate further collaboration related to merchant acquiring services and payment infrastructure. Any expansion would require technical assessments and formal legal agreements.
Dukhan Bank stated that all initiatives under the Dukhan Bank fintech partnership remain exploratory. Final implementation will depend on regulatory approvals and internal decision processes.
The agreements reflect ongoing efforts within Qatar to enhance cooperation between banks and fintech payment providers.
