Visa recognises QIIB for ‘Excellence in Corporate Payment Solutions for the Year 2024’


     QIIB is the first bank in Qatar to introduce a Visa debit card specifically for SMEs

Visa has acknowledged QIIB for the ‘Excellence in Corporate Payment Solutions’ for 2024, citing its leadership in corporate payment solutions and being the first bank in Qatar to introduce a Visa debit card specifically for SMEs.

The Visa card offers advanced and convenient payment solutions with unique advantages, providing added value to customers.

QIIB Head of Business Development Khaled Abdul Rahman al-Shaibei received the Excellence Award from Osama Eid, Visa’s Head of Financial Institutions in Qatar, during a ceremony held at QIIB’s headquarters.

The event was attended by Shihabudhin Ahmed, Head of Cards Business & Digital Payments at QIIB, and Adel Salama, Business Development Manager for Qatar, Visa.

On QIIB receiving the award, al-Shaibei commented: “We thank Visa for granting us the ‘Excellence Award’ in payment solutions for businesses. We truly appreciate their recognition and impressive interest in highlighting our achievement as the first bank in Qatar to issue the Visa debit card to SMEs."

 “Our strong partnership with Visa permits us to adopt multiple innovative approaches that positively affect our different customer segments. Enterprises are an essential and influential portion of our customer base, and we endeavor to offer them all the services, products, and advantages that facilitate their business and project growth.”

QIIB Head of Business Development pointed out: “The excellence award in corporate payment solutions validates our success in meeting the challenges of market competition and offering innovative products that meet customer expectations and equip them with new solutions. At QIIB, we are committed to continuously meeting the demands of innovation and creativity, in accordance with the highest international standards in the banking sector.”

Al-Shaibei ascertained, “The introduction of Visa Business debit card complemented the card products and solutions created by QIIB for businesses, including two credit cards- Visa Signature Business Credit and Visa Signature Corporate Credit, for large, medium and small Enterprises. QIIB will consistently innovate further solutions that meet the needs and expectations of customers.”

Al-Shaibei added: “QIIB will enhance its banking leadership, and maintain its role as a reliable provider of banking services to all customer segments, including individuals and businesses. QIIB will not hesitate to dedicate all necessary resources to fulfill customer expectations and needs, in partnership with reputable global partners such as Visa."

Mr. Osama Eid, Visa’s Head of Financial Institutions in Qatar, said: "This Visa debit card helps SMEs to seamlessly manage their daily operations, conveniently pay for goods and services, build a financial footprint, and cover business and travel expenses at Visa’s more than 130 million merchant locations worldwide. Our collaboration with QIIB supports the Qatar government’s efforts to digitize the economy, and that’s why we’re delighted to present this award to QIIB for being the first bank in Qatar to offer our Visa Debit card to local SMEs.”