Paymera and QNB Syria Sign MoU to Advance Digital Payments in Syria

1 Min Read

QNB Group, through its Syrian subsidiary QNB Syria, has signed a memorandum of understanding with Paymera for Electronic Payment Services to explore ways to expand Syria’s digital payment infrastructure and connect it with international payment networks.

The companies will assess support for domestic card acceptance through Paymera’s local payment ecosystem, alongside international card acceptance through QNB’s acquiring platform. According to QNB, the collaboration could give merchants access to a broader customer base and offer consumers more payment options.

The agreement builds on QNB’s recent payments activity in Syria. In August 2026, QNB Group and Mastercard completed what the bank described as the country’s first international card payment transaction in more than 15 years. QNB Syria followed this with the introduction of locally issued Mastercard cards in September.

Adel Al Malki, QNB Group’s senior executive vice president for retail banking, said the partnership would combine Paymera’s domestic infrastructure with QNB’s international payments and cross-border capabilities. Paymera CEO Ahmad Kharboutli said the collaboration aims to broaden payment acceptance and make digital transactions more accessible for businesses and consumers.

Source: Zawya

Share This Article