Qatari “TessPayments” wins the “Visa Everywhere” competition

Written By Mark

Visa has announced the winners in Qatar and Kuwait of the 2024 edition of the “Visa Everywhere” initiative, a global open innovation program and competition in which emerging financial technology companies compete to find effective solutions to payments and commerce challenges. In addition to the financial prizes, the winners of this initiative receive wide international fame and endorsement from one of the most trusted brands in the world.
The Qatari company “TS Payments”, a financial services provider specialized in providing acquisition solutions for the e-commerce sector in Qatar, in addition to supporting banks, electronic payment service providers and a variety of merchants, came in first place in Qatar and Kuwait and received a financial prize of 145 thousand Qatari riyals ($40,000). American). The company will now move on to participate in the regional finals of the “Visa Everywhere” initiative for the Central and Eastern Europe, Middle East and Africa regions, which will be held next July 23, to compete for a total prize of 72 thousand Qatari riyals (20,000 US dollars).
The Kuwaiti company “KAM” came in second place, while the third place went to the Kuwaiti company “Karti”.
Shashank Singh, Vice President and General Manager of Visa in Kuwait and Qatar, said: “We are pleased to announce the winners of the first edition of the “Visa Everywhere” initiative in Qatar and Kuwait. Congratulations to the Qatari company “TS Payments”, which won first place and will move on to participate in the Central and Eastern Europe, Middle East and Africa competition next month. This competition was truly exceptional, as the participants in the finals presented innovative solutions that we hope will contribute to improving the payments scene in the region.”