Digital Payment System
WIP
Afaq (Arabian Gulf System for Financial Automated Quick Payment Transfer)
- Payment system type
- Interbank payment system
- Status of implementation
- Active
- Operator
- Bank association
- National / Regional
- Regional
- Annual value of transactions (USD)
- NA
- Annual volume of transactions
- NA
- Cost of transactions
- NA
- Number of participants
- 2024- 5
- Types of transactions supported
- P2P, B2B
- Type of settlement system
- RTGS
- URL
- https://www.gulf-payments.com
- Last Updated
- 01/10/24