The first Islamic Bank in Qatar to launch Contactless Payments
Omar Al-Meer: We are keeping up with the latest global technologies in the Banking Sector
QIIB announces the launch of its Contactless Payment Service across all Credit and Debit cards in line with the latest banking technologies, thus becoming the first Islamic Bank in Qatar to launch this service.
Using the contactless service, QIIB card holders can easily use their cards without the need of inserting their card into multiple payment devices such as points of sale (POS).
On the occasion, Mr. Omar Abdulaziz Al-Meer, QIIB Chief of Business Development said, "We are delighted to be able to keep up with the latest global technologies in the Banking Sector. We are pleased to be the first Islamic bank in Qatar to launch this service”.
He added: “In addition to the ease of use, this service is highly secure as it is conforms to the International Security Standards relating to payment processing, which we consider as a top priority”.
Mr. Al-Meer said, "This year, QIIB was awarded the highest certificate in the protection of Banking Cards Data (PCI-DSS), for the fourth consecutive year. This certificate is awarded to institutions that achieve the best security standards. Thus, launching the Contactless service is the natural progression of QIIB to offer the best in class payment services to our Customers”.
Furthermore, he stated, “All QIIB Cards to be issued or renewed moving forward will be Contactless enabled. "
"The introduction of the new service to QIIB Cards is a catalyst in delivering the Bank’s vision for providing innovative Products and Services to its valued Customers. ” Mr. Al-Meer added.
It is worth mentioning that QIIB was established in 1990 as the second Islamic Bank in Qatar.
QIIB offers integrated Banking Services to its Customers through a wide network of Branches across the State of Qatar.