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Ottu and Doha Bank Forge Strategic Partnership to Elevate Online Payment Solutions through Ground-breaking MCA Agreement

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Doha, Qatar – Sep 17th, 2024

Doha Bank, the leading financial institution in Qatar, and Ottu, a pioneer in Online Payment Management System (OPMS), signed a Memorandum of Collaboration Agreement (MCA). Through this agreement, Doha Bank's diverse clientele will be able to enjoy an improved online payment experience. This partnership illustrates the bank's commitment to innovation and the seamless online payment landscape in the Middle East.

This agreement benefits digital banking in Qatar in various ways, such as improved online payment experiences, faster transaction speeds, and more secure banking. Ottu's cutting-edge technology and Doha Bank's extensive financial solutions network will work together to create a partnership that is expected to set new benchmarks for digital transaction reliability, convenience, and security by connecting enabling commercial entities to accept online payments directly to their corporate bank accounts.

Ottu's OPMS is designed to streamline and optimize online payment processes across various industries. By seamlessly connecting online sales channels and integrating many payment methods, Ottu empowers businesses with an efficient ecosystem that reflects its expertise in online payments.

Talal AlAwadhi, CEO of Ottu, stated:

"We are making significant progress in our goal to transform the Online payments industry by teaming up with Doha Bank." This partnership represents more than just a technology update; it represents a dedication to supporting digital banking and economic success in Qatar and beyond. Ottu's fintech and Doha Bank's financial know-how enable businesses to grow to new heights and provide customers with unmatched payment comfort and seamless transactions.

About Ottu 

Ottu is a leading fintech revolutionizing online payments for merchants. Focused on innovation and direct integration with Banks, Ottu has forged strategic alliances with banks, schemes, and acquirers, bolstering the fintech ecosystem in the MENA region. 

Learn more : www.Ottu.com

About Doha Bank

One of the top financial companies in Qatar, Doha Bank provides its clients with a comprehensive range of banking and financial services. Doha Bank is still a major player in the financial industry thanks to its strong dedication to innovation and excellence, forward-thinking vision, and the solid economic climate in Qatar.

Learn More: https://qa.dohabank.com/