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BKN301 & CWallet to boost digital payment in Qatar and MENA region

By Delisha Fernandes

November 22, 2023

  • Banking-as-a-Service solutions
  • BKN301
  • Cross-Border Money
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BKN301, CWallet, digital payment, financial inclusion, payment solutions, Banking-as-a-Service solutions, Qatar Central Bank, digital transfers, cross-border money, remittance platforms, Fintech news, Fintech MENABKN301 Group, a payments and Banking-as-a-Service solutions provider has partnered with CWallet, a Qatar-based Licensed Neo Bank, to empower digital payment in Qatar and MENA region.

Under this partnership, BKN301 provides CWallet with an innovative platform to improve the customer experience, increase security, and respond to people’s ever-changing needs.

Stiven Muccioli, Founder & CEO of BKN301, said, “This partnership with CWallet represents a new important step in our expansion in Qatar and a testament to the power and adaptability of our modular solutions. Our mission has always been to break down barriers and accelerate the spread of digital payments and innovative financial solutions in high growth markets.”

CWallet’s core business is focused on the development of remittance platforms, enabling digital cross-border money transfers, and the partnership with BKN301 helps the company take a significant leap forward in the products it offers to its clients, which will be able to monitor, manage and collect their payments, using an innovative gateway, seamlessly integrating with the solutions provided by CWallet.

Michael Javier, Founder and CEO of CWallet, said, “We have found in BKN301 a strategic partner able to provide what we were looking for: a cutting-edge solution that could improve the experience we offer, always guaranteeing the greatest security and ease of use on both ends, to clients and merchants. Thanks to this partnership and to the wide range of opportunities that it will bring to us, we are committed in improving the financial well-being and inclusion of many people, allowing users to borrow, save, earn, and invest for their future”.

CWallet will integrate 301pay, the BKN301’s payment gateway available in white-label mode, designed to facilitate e-commerce development and mobile payments in physical stores. With this new integration, merchants will have access to managing transactions and a complete view of business performance with statistics showing real-time collections, payments, refunds, and aggregated data on sales volumes.

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