Qatar Islamic Bank, the pioneer of digital banking in Qatar, has been partnership with Visa, to become the first bank to provide its customers visa direct alias Directory) in Qatar. This innovative service provides bank customers is easier, faster, more and safe to send money to VISA card holders in the Gulf Cooperation Council countries, which is a major shift in the scene of financial transfers Qatar.
With Visa+, bank customers can transfer money to VISA card holders in other countries using the recipient account name – mobile number, as this is about sharing sensitive information, such as 16 -number discount card (the basic account number or Pan), which makes the process safer and comfortable.
The first stage focuses on the availability of transmission of financial transfers across the border smoothly and smoothly by the bank’s clients in Qatar and Emirates NBD in the Emirates and from the Islamic Bank of Bahrain and the Gulf bank agents via “Banfta” in Bahrain. This strategic step constitutes the initial stage of building a comprehensive system that will soon link many banks through the markets of the Gulf Cooperation Council countries.
Mr. Dr. Anand, General Manager of the Banking Services Group in the bank: “We are pleased to cooperate with Visa to be the first bank in Qatar to launch the Visa+ service for our customers. This partnership highlights our commitment to providing a quick, safe and comfortable way to send financial transfers through the application of the bank’s mobile mobile phone. In the bank, we are committed to providing innovative solutions to our customers to meet their financial needs and many others. ”
“We realize in Visa the importance of providing an easy, fast and safe payment experience to improve people’s lives in the region,” said Shashnkan Singh, Vice President and Director General of Visa in Qatar and Kuwait. The launch of the Visa+ service in cooperation with the Qatar Islamic Bank is an important step to make a positive shift in the scene of financial transfers, enhance its efficiency and simplify it, with the aim of developing a new perception of the movement of funds in Qatar. In addition to facilitating the experience of funds, this innovative service will also benefit families, societies and economies around the world. ”
VISA+ financial institutions help provide a better money transfer experience as well as enhance the privacy protection mechanisms for the sender and the recipient in many uses, including direct payments between individuals (P2P) and border financial transfers. Visa+ VISA partners of financial institutions help enhance its expansion efforts by linking it to a growing system of safe networks to improve the experience of transferring funds for these institutions and their customers.
