QPAY Worldwide, which is listed as a member of the NEXXO Community, a Fintech agency based mostly in Qatar that gives companies to greater than 15,000 native small and medium enterprises (SMEs) and over 250,000 low-income employees, is lowering its level of sale (POS) costs by 50%.
The charges are being lowered in an effort to make it extra reasonably priced for Qatar-based SMEs to take digital funds as an alternative of money which can be contaminated (it might additional unfold the Coronavirus).
QPAY’s choice to decrease its POS transaction costs has come after latest directives from his Excellency Sheikh Tamim Bin Hamad Al-Thani, the Emir (ruler) of Qatar.
Nebil Ben Aissa, founder at QPAY, acknowledged:
“QPAY strongly helps the Qatari SME sector, and shall take all needed motion to service the neighborhood and contribute to serving to cease the unfold of the Coronavirus. As are end result, efficient instantly, till additional discover, we will provide a 50% low cost on QPAY POS gadgets in an effort to assist Qatari SMEs settle for digital funds and prohibit the unfold of the CoVid-19 virus.”
QPAY goals to ship monetary services to under-serviced small enterprise house owners in an effort to assist them improve gross sales and earnings.
QPAY provides a wage fee system, which permits corporations to switch salaries to employees in lower than a minute. The Fintech agency additionally supplies an built-in e-billing and e-commerce resolution for companies.
Moreover, QPAY provides an IBAN wage card that could be used to make withdrawals or carry out transactions through ATMs, at bodily retailer areas, and on-line.