At Web Summit Qatar 2025, Loyan Farah, CEO of Dibsy, is making waves in the fintech sector. His Qatar-based payment solutions company is transforming the way businesses process transactions, offering a streamlined alternative to traditional payment gateways. Comparable to Stripe in the US or Checkout.com in the UK, Dibsy is rapidly becoming the go-to solution for businesses in the Middle East looking for secure, efficient, and developer-friendly payment processing.
Redefining the Payment Landscape
Dibsy was founded with a clear mission: to simplify online payments for businesses and developers. “We cater to developers—that’s our secret sauce,” Farah shared. “From day one, we focused on building solutions that make payment processing easier for developers, which ultimately improves the experience for businesses and end consumers.”
This strategy has paid off, with Dibsy now handling payments for some of Qatar’s biggest corporations, including Qatar Insurance Company (QIC). “Payments companies often operate behind the scenes, but at Web Summit, people are realizing we’re the driving force behind major brands,” Farah noted.
What’s Next? The Future of Dibsy
Dibsy is constantly innovating, with several exciting developments on the horizon. One of the most anticipated features is Tap to Phone, which eliminates the need for traditional point-of-sale (POS) machines. “With Tap to Phone, any smartphone can accept payments, revolutionizing how merchants process transactions,” explained Farah. “This is a game-changer.”
Geographically, Dibsy is eyeing expansion into Saudi Arabia and Oman in the next couple of years, with a long-term vision to tap into Africa, particularly East and North Africa. “There’s a huge opportunity in these regions, and we’re carefully evaluating how we can make the biggest impact,” Farah revealed.
Enhancing Consumer Experience: The Demand for Seamless Checkout
For end consumers, convenience is king. “People don’t want to enter a 16-digit credit card number anymore,” said Farah. “In Qatar and the Middle East, 70-80% of online transactions happen through Apple Pay and Google Pay. Consumers want a seamless, frictionless checkout experience—double-click, pay, and go.”
Dibsy’s focus on easy checkout solutions gives it a competitive edge over other payment platforms that lack the same level of convenience. “Many competitors struggle with providing fast, simple transactions. We’ve made it our priority to make payments effortless.”
Security: Fighting Fraud with Advanced Protection
In today’s digital economy, security is non-negotiable. Dibsy has developed its own proprietary fraud management system, designed to prevent stolen card transactions and fraudulent purchases before they happen.
“Fraud is a growing problem, and we’ve built an in-house fraud detection system that stops unauthorized transactions before they even go through,” said Farah. “This is why major companies in Qatar trust us—we help them reduce chargebacks and protect their customers.”
With rising cases of fraud, particularly involving stolen debit cards, Dibsy’s fraud prevention measures are becoming increasingly valuable. “Chargebacks can devastate an online retailer,” Farah emphasized. “We’ve worked hard to stop fraudulent transactions in real-time, preventing significant financial losses for businesses.”
A Fintech Leader in the Making
As Dibsy continues to expand, it is poised to become one of the leading fintech companies in the Middle East and beyond. With a focus on developer-friendly solutions, seamless payments, and cutting-edge security, Dibsy is changing the payments landscape one transaction at a time.
“Our goal is to redefine payments in Qatar and beyond,” Farah concluded. “We’re just getting started, and the future looks incredibly exciting.”
As Web Summit Qatar 2025 showcases the latest in financial technology and innovation, Dibsy stands out as a key player driving the future of digital payments in the region and beyond.
