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QIIB unveils 'Contactless Payments Service'.

BANKING AND CREDIT NEWS-July 9, 2019--QIIB unveils 'Contactless Payments Service'


Global Banking News - 09 July 2019

QIIB has launched its Contactless Payment Service across all credit and debit cards, keeping up with the latest banking technologies, The Peninsula Qatar has reported online.

QIIB will now be the first Islamic Bank in Qatar to launch the service. With the contactless service, QIIB card holders can easily use their cards without having to insert them into multiple payment devices, such as points of sale (POS).

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'

'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. 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,' Al-Meer added.

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:7QATA
Date:Jul 9, 2019
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