Doha, Qatar: Qatar’s point of sale (POS) and e-commerce transactions saw an positive and upward momentum in March this year, Qatar Central Bank (QCB) data revealed, yesterday.
The surge was registered as the point of sale transactions were valued at QR9.4bn in March 2025, whereas in the same month last year it was QR8.13 showing a jump of 16 percent. The volume of point of sale transactions stood at 38.8 million in March this year, while it was 32.43 million in the same month in 2024.
PoS solution provides innovative, secure, and highly efficient payment processing services as it supports contactless card transactions, eWallet, mobile PoS (mPOS), QR code scanner, and online billing and settlement.
Meanwhile the volume of e-commerce transactions reached 9.6 million in March 2025 with a value of QR4.4bn which stood at QR3.66bn in March 2024 showing a year-on-year surge in value of e-commerce transactions by 22 percent.
QCB data showed that the total value of transactions conducted through point-of-sale terminals and e-commerce platforms reached QR13.8bn in March 2025, according to the card payment statistics.
The e-commerce market in Qatar is showing healthy growth. Over the coming years, the country’s e-commerce industry is poised for substantial growth with forecasts predicting a compound annual growth rate (CAGR) of 9.40 percent by 2028.
According to Instant Transfer System Statistics for March 2025, the instant payment system – Fawran service had 2.9 million total registered accounts with the total value of QR2.2bn and total volume of 1.4 million.
The statistics also noted that the Qatar Mobile Payment registered a total of 1.3 million wallets. The total value amounted to QR163.8m with the volume of around 147,000.
The official data also revealed that the total value of transactions across various payment system transactions in March this year reached QR16.1bn and the total volume stood at 49.9 million.
It further classified the share of each payment channel such as point of sale transactions which accounted for 58 percent, e-commerce 27 percent, mobile payment 1 percent, and the instant payment system - Fawran accounted for 14 percent.
QCB’s innovative instant payment service ‘Fawran’ aims to develop a digital payment ecosystem in the country. The service significantly benefits customers across the country and enables the beneficiaries to receive funds within seconds. It operates 24/7 and can be used through mobile banking applications and digital channels.
