Qatar Central Bank announced the official launch of Himyan Debit Card marking a qualitative addition to e-payment solutions available in Qatar

As part of the nation's efforts to expand its digital payments infrastructure and in accordance with the Third Financial Sector Strategy, the Qatar Central Bank (QCB) has officially launched the Himyan Debit Card (Himyan). The introduction represents a step forward in the country's transition to a cashless society and a quality addition to the e-payment options now offered in Qatar. It also enhances the offers for local bank clients.

In keeping with the Qatar National Vision 2030, the Third Financial Sector Strategy seeks to enable the nation to realise its full economic potential by creating a financial sector that leads the region in innovation, efficiency, and investor protection. 

The first national e-card, Himyan, is held by QCB and has a recognised Qatari trademark. As part of the Bank's continuous effort to create the digital payments infrastructure that can be used to launch new products to satisfy the rising demand for FinTech services, the card is one of the Bank's innovative national projects. Furthermore, Himyan uses the newest technology in conjunction with a design that adheres to international standards and best practices to promote Qatari companies in the local market.

Apart from being a registered trademark in Qatar, the Card has reduced transaction costs for card issuers, collectors, and retailers as it is connected to the personal accounts of its holders at nearby banks. Additionally, contactless transactions are supported, with all local transactions conducted through the "NAPS" national network. Himyan additionally makes use of PIN codes and smart chip technologies. As a result, it improves security and safety while giving clients flexibility. This aligns with one of QCB's primary strategic goals: safeguarding the financial information and data of its clients.

Local bank clients using Himyan can deposit money using ATMs that accept cash and check deposits as well as withdraw cash locally from any ATM in the nation. Additionally, it allows local bank clients to use QPAY's payment system to make payments at every point of sale in the nation as well as through local internet retailers, round the clock and without interruption. 

All local bank account holders will receive Himyan cards from their banks. Direct applications for Himyan are accepted from customers via the bank's card issuing procedures. It is free to issue the card to local bank customers for the first time. Customers of the following banks will be able to purchase Himyan: Doha Bank, Masraf Al Rayan, Qatar National Bank, Dukhan Bank, Qatar International Islamic Bank, and Commercial Bank.