PayLater partners with Visa’s Cybersource on processing payments
<p>Doha, Qatar: PayLater, Qatar’s first buy now, pay later provider licensed by the Qatar Central Bank, today announced a strategic partnership with Visa to bring Visa’s Cybersource into its payments infrastructure.</p> <p>The partnership follows the memorandum of understanding signed by PayLater and Visa at Web Summit Qatar in February 2026.</p> <p>The agreement was signed on behalf of PayLater…
Doha, Qatar - PayLater, Qatar's first buy now, pay later provider licensed by the Qatar Central Bank, has partnered with Visa to enhance its payments infrastructure. This collaboration follows an agreement signed at Web Summit Qatar in February 2026. PayLater's Co-Founder and Board Member, Mr. Mohammed Al-Delaimi, signed the partnership with Visa's Dr. Devid Jegerson, CEO, and Luca Bianconi, Vice President and Country Manager for Visa in Qatar.
Through Visa's Cybersource, PayLater will leverage Visa's robust payment security, fraud prevention, and transaction control capabilities, ensuring a secure shopping experience for users. Dr. Devid Jegerson stated, "Payments infrastructure is the foundation on which shopper trust is built. Partnering with Visa through Cybersource brings Visa's security and fraud prevention into our payments experience, providing the scale and resilience needed for our next growth phase in Qatar."
Visa's Luca Bianconi added, "As digital commerce evolves, consumers and businesses expect secure, seamless, and reliable payment experiences. Through Cybersource, Visa empowers organizations with the technology, security, and global expertise required to scale confidently. We are proud to support PayLater's growth and contribute to Qatar's digital payments ecosystem."
About PayLater, this Qatari company is the first licensed buy now, pay later provider by the Qatar Central Bank. It enables shoppers to split purchases into installments with 0% interest and no hidden fees, adhering to Sharia principles. About Visa, this global payments leader facilitates transactions across more than 200 countries and territories, aiming to connect the world through secure and convenient payment networks.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.