Deal Snapshot
PAYSTAR PARTNERS WITH QATAR´S COMMERCIAL BANK TO PROVIDE MOBILE PHONE REMITTANCE
Friday 19 May 2017

US-based payments company Paystar, Inc and its Translink Global Processing G.P.M.E. joint venture is introducing mobile phone remittance payment services to its clients for sending funds from the Middle East to South East Asia and sub-continent India, the company said.
Paystar, a USA-based mobile payment provider with a global footprint, has partnered with Commercial Bank to provide the service in Qatar. Commercial Bank, Qatar's first private bank, has launched the service in the Qatar marketplace, by offering its PayCard customers the option of remitting monies home through their mobile phone, anytime and from anywhere.


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Details
Date Published: 19/05/2017
Target: Mobile phone remittance payment services
Country: Qatar
Sector: Banking/Financial Services
Type: JV
Financing:
Status: Agreed
Vendor:
Buyer: Paystar, Translink Global Processing G.P.M.E.
Comment:
Qatar´s Commercial Bank backing deal

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