PayLater Partners with Visa to Enhance Digital Payment Security in Qatar
In a significant development for the digital payment landscape in Qatar, PayLater, the country’s first buy now, pay later provider, has partnered with Visa. This collaboration aims to integrate Visa’s Cybersource into PayLater’s payment infrastructure, reinforcing its commitment to secure and efficient financial transactions.
A Strategic Milestone for PayLater and Visa
The announcement comes after a memorandum of understanding was established between PayLater and Visa during the Web Summit Qatar in February 2026. The formal agreement was signed by Mr. Mohammed Al-Delaimi, Co-Founder and Board Member of PayLater, alongside Dr. Devid Jegerson, the company’s CEO. Visa was represented by Luca Bianconi, Vice President and Country Manager in Qatar, with support from Mr. Fadi Moukaddem, Senior Vice President and Group Country Manager for Kuwait, Qatar, and the UAE.
Through this partnership, PayLater will leverage the advanced security, fraud prevention, and transaction control features offered by Cybersource. This integration is designed to provide a secure payment experience for users of the PayLater app, simplifying the often-complex process of digital transactions while also safeguarding consumer information.
Enhancing Consumer Trust with Secure Transactions
Dr. Devid Jegerson emphasized the importance of a robust payments infrastructure in fostering shopper confidence. He stated that the partnership with Visa marks a pivotal moment for PayLater, blending Visa’s renowned security measures with their services. This collaboration not only aims to enhance customer trust but also facilitates PayLater’s scaling efforts as it continues to grow within Qatar’s dynamic market.
Luca Bianconi of Visa echoed these sentiments, highlighting that the evolving nature of digital commerce demands payment solutions that are not just efficient but also reliable and secure. The Cybersource platform enables organizations to tap into the essential technology and security measures they require to scale their operations confidently. Bianconi expressed satisfaction in collaborating with PayLater as it embarks on its growth trajectory, further contributing to Qatar’s digital payments ecosystem.
About PayLater and Visa
PayLater distinguishes itself as the first provider of buy now, pay later services in Qatar, operated under licenses from the Qatar Central Bank. It allows consumers to divide their purchases into manageable installments, ensuring 0% interest and transparency without hidden fees, all in adherence to Sharia principles.
Visa, a global leader in digital payments, plays a crucial role in facilitating transactions across more than 200 countries and regions. Its mission is to connect the world through innovative and reliable payment methods, supporting individuals, businesses, and economies alike. Visa emphasizes creating inclusive economic opportunities, ensuring that everyone has access to efficient financial systems.
In summary, the partnership between PayLater and Visa is a landmark moment for Qatar’s financial landscape, poised to enhance the security and efficiency of digital transactions. As both entities work together, they signal a commitment to creating an advanced, trustworthy payment experience that meets the needs of modern consumers.