Sadad, the leading Qatari company in electronic payment solutions, has announced a strategic partnership with Visa and MasterCard, which is the supervision of the Qatar Central Bank, during its participation in the activities of the second edition of the Qatar Summit Qatar 2025. Sadad also became a Qatari company in the financial technology sector to obtain a Principal Membership membership from Visa and MasterCard, which allows it Direct powers in addressing payments, and enhances their independence in providing advanced digital financial solutions. This partnership reflects the commitment of “Sadad” to support the Qatar Vision 2030 by developing a modern financial system that supports digital transformation, and provides more efficient and safe payment solutions, which enhances Qatar’s position as a financial and technical center at the region level. The partnership also emphasizes the commitment of Sadad to enhance safety by providing compatible solutions to the highest international safety standards, in addition to financial independence, as Principal Membership membership provides the possibility of issuing and processing payments directly without the need for brokers.
The partnership also contributes to reducing costs by providing financial services at a lower cost to customers and traders, which contributes to improving operational efficiency, as well as expanding the scope of services by enabling individuals and companies to access innovative and advanced digital financial solutions. In addition to supporting financial innovation and promoting financial technology by developing products and services that support digital transformation.
Important step
Commenting on this partnership, Sheikh Hamad bin Muhammad Al Thani, a member of the Board of Directors, said: “Today we are proud to announce this strategic partnership, which represents an important step towards building an advanced digital financial future. A payment of Princcial Membership from Visa and MasterCard is a national achievement that enhances Qatar’s position among the leading countries in the field of financial technology. This achievement gives us greater independence in providing innovative payment solutions, and emphasizes the confidence of major international companies in our financial and technological capabilities, which opens new horizons for international cooperation in this vital sector.
Providing innovative solutions
Sheikh Hamad bin Muhammad added that the participation of a payment at the web summit confirms the company’s vision in providing innovative and safe solutions for electronic payment, which contributes to facilitating financial operations in more advanced and efficient ways. He pointed out that the presence in this prominent technical event reflects the company’s keenness to contribute to building an advanced digital financial future to support the national economy and enhance the experience of users. The summit is also one of the most prominent international events in the field of technology, as it brings together the pioneers of industry and experts to discuss the latest technical developments.
A vision of payment for the future
While obtaining Principal Membership from Visa and MasterCard, it continues to pay its commitment to developing the digital payment system in Qatar, by providing the latest financial technologies that contribute to building a sustainable digital economy.
It is worth noting that “Sadad” is a leading Qatari company in the field of electronic payment solutions, operating under the leadership of Sheikh Hamad bin Mohammed Al Thani. The company provides a wide range of digital financial services, which meets the needs of individuals and companies, and contributes to promoting digital transformation in Qatar. Thanks to her Principal Membership membership, MasterCard, her leadership continues to provide innovative payment solutions that support the future of the digital economy in Qatar and the region.