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World First Mobile Money Transfer Solution

Vodafone Qatar launched today a standard-setting global mobile money transfer solution, VMT (Vodafone Money Transfer). Initially launching in limited countries, but set to expand to many new destinations, the solution will include local transfers as well as payment options at select merchants.

Badri and Salim El Meouchi Law Firm advised Vodafone Qatar on the structuring of this transaction (this is the first time such a structure is used), and advised on the key agreements of this structure in Qatar. We also advised on the regulatory aspects of the transaction with regards to the Qatar Central Bank regulations.

With its tradition of creative thinking and its deep knowledge of the Middle-East’s legal systems, Badri and Salim El Meouchi Law Firm is at the forefront of innovation in the field of financial law in the region. For more information on our banking and finance and telecoms practices, please do not hesitate to contact us.