Through offering innovative digital solutions, partnering with VISA, and financing the tournament’s infrastructure, QIB continues to strive to significantly contribute to the success of the historic football mega-event this year
Leading the Charge
With the historic football tournament around the corner, QIB continues to play its pivotal role as Qatar’s largest Islamic bank and leading digital bank, supporting the country’s efforts in its preparations for hosting the landmark tournament.
The bank has showcased its commitment to contributing to the consorted national efforts through financing infrastructure projects, as well as launching exclusive cards and rewards in partnership with leading global payment solutions provider, VISA, in addition to its ongoing digital effortsw to cater to the needs of the local population as well as visitors from across the globe.
Laying the Foundations for Success
From the onset of Qatar’s winning announcement as the host country for the upcoming mega sports championship, QIB has been one of the leading financers for the major infrastructure projects including roads, stadiums and related projects, ports, logistical zones, schools, hospitals, and other commercial and business projects and will continue supporting Qatar throughout the year, now with amplified efforts to complete all the projects well before the opening match in November.
Through the support of its public and private sectors, Qatar is poised to host a tournament to remember down the years, and QIB is committed exercise all efforts to support the country accommodate the global surge of football fans, teams, and tournament officials to ensure a truly memorable experience.
Exclusive Cards in Partnership with VISA
In anticipation of the FIFA World Cup 2022™, and reinforcing its commitment to the local community, QIB partnered with Visa to provide its customers with exclusive cards offering exciting rewards and promotions for a seamless and rewarding banking experience. As one of the largest banks in Qatar, QIB continues to elevate its customers experience offering exclusive advantages to its Visa cardholders.
The Visa Signature Credit Cards offer free unlimited access to over 1,000 airport lounges across the world, discounts at premium hotels and restaurants, and the ability to earn Absher points on spends while customers have the option to pay a minimum of 5% of outstanding purchases and cash withdrawals. Furthermore, Visa Signature cardholders can benefit from free takaful coverage for travel, purchase protection and extended warranty.
Visa Debit cardholders can earn Absher Rewards points online and international spends while Visa Prepaid cardholders have the flexibility of loading any amount between QAR 200 to QAR 25,000, in real time via Mobile Banking or Internet Banking.
Throughout 2022, customers can apply instantly for the limited edition FIFA World Cup Qatar 2022™ Visa cards through the award winning QIB Mobile App for a chance to be part of monthly promotions to win exciting prizing related to this event.
A World of Amazing Rewards for Cardholders
As part of the rewards, QIB is also rolling-out an exciting promotion throughout the year, offering customers the chance to live the celebration of a lifetime by winning “packages for two” to attend the matches and exciting prizes, courtesy of Visa. Through the award winning QIB Mobile App, QIB new and existing customers can take part in this exclusive promotion by applying for the recently introduced limited edition Debit, Credit and Prepaid Cards, or by simply using their existing Visa Cards for a chance to win one of hospitality packages for two persons to attend the much-awaited matches, courtesy of Visa.
A Pioneer in Digital Innovation
As Qatar’s leading digital bank, QIB continues to revolutionize the digital banking scene, catering to the everyday needs of its customers, from opening an account to instant fulfilment of personal financing and credit cards. QIB continues to implement its long-term business strategy keeping customers at the core, remaining dedicated to offering the best, fastest, and most trusted banking products in Qatar.
As consumer preferences remain in constant change and banks rise to the challenge of keeping up with today’s digitally focused market, QIB has taken the lead in adopting innovative solutions by undertaking numerous digital banking initiatives and introducing revolutionary products and services in line with its digital transformation strategy.
With many advanced features to tap into the wider market, QIB remains digitally focused, moving current capabilities online as part of its journey to shift towards a cashless society.
As the demand for a sustainable society also increases and to help tackle environmental problems, QIB has adopted a sustainable banking approach, focusing on digitalizing its retail and wholesale products and services – to widen customer access, increase resource efficiency, minimize waste, and deliver better service. QIB is committed to further integrating sustainability and environmental, social, and governance considerations at the core of its operations.
A New Award-Winning QIB Mobile
QIB has launched an all-new version of its award-winning Mobile App last year. Creating a simplified and more engaging user experience, the App adopts a convenient, “step by step”, approach with enhanced navigation to enable easy and full access to the bank’s digital services 24/7 and from anywhere in the world.
The all new QIB Mobile App has received a full structural revamp in this latest ground-breaking update with navigational enhancements that enable customers to be in control of their banking and financial needs. The revamped QIB Mobile App comes in line with customers relying more on digital channels and seeking a seamless integration of digital and physical capabilities.
Rated 4.7 on Play Store and App Store and 4.1 on Google Play, the QIB Mobile App is available on App Store, Google Play, and Huawei AppGallery. With over 2 million monthly logins, the QIB Mobile App has come a long way enabling customers to easily self-register using their active ATM/Debit Card number and PIN.
A Myriad of Market Firsts
QIB is set to revolutionize Digital Banking in Qatar with a myriad of first-to-market products and services. Being the first bank in Qatar to introduce end-to-end digital products via its Mobile App, QIB has succeeded in increasing customers’ trust and usage of its digital channels to fulfil most of their banking needs, payments, and local and international transfers.
Instant Finance
Video Banking
QIB is the first bank in Qatar to launch Video Banking through its Mobile App, allowing customers to easily place a video call with a representative from QIB for a real-time, efficient guidance while applying for Instant Finance digitally via the QIB Mobile App.
Visa Direct
QIB is the first bank in Qatar to launch Visa Direct, a remittance solution for customers to pay from an account to any Visa Card instantly in over 25 countries in MENA Region, Europe and Asia.
Discreet Mode
QIB launched the first-of-its-kind “Discreet Mode” feature on its intuitive Mobile App, allowing customers to hide their accounts and card balances, deposits, and financial details when using the App in public places.
Conversational Virtual Assistant
QIB is the first bank in Qatar to launch a conversational virtual assistant armed with proprietary artificial intelligence and machine learning algorithms. ’Zaki,’ meaning smart, allowing customers to interact with the bank 24/7.
Digital Card
QIB launched the first ever Digital Credit Card in Qatar on its Mobile App to enhance customers’ experience and offer them the opportunity to instantly issue their card, use it for online shopping and add it to their Apple wallet without the need to have a physical card. This innovative new product is part of QIB’s long-term digitalization strategy and is in line with the high interest for online shopping witnessed in Qatar and the Bank’s effort to reduce plastic.
The digital card is available to all eligible customers, to apply and obtain approval instantly through the QIB Mobile App. In addition, customers can view and use for their e-commerce transactions with card details like the 16-digit card number, expiry date and CVV, being visible to the cardholder in a unique and secure way. The digital card can also be added to Apple Pay instantly to be used either at point of sale (POS) terminals in physical shops or for e-commerce transactions.
Corporate Banking Goes Digital
QIB has continued its path toward accelerating the digitization of SME financing and launching new products providing a full package of financial solutions and services to its SME customers. These include Merchant Acquiring Services (POS), mobile POS, and online Wages Protection System (WPS) for the automatic processing of monthly payrolls, as well as a new co-branded corporate credit cards in collaboration with Ooredoo, and corporate deposit cards.
QIB’s SME offering includes a host of innovative products and services catered toward fulfilling the banking requirements of this vital sector, including the Aamaly (My Business) program, which offers tailored products and services to SMEs in Qatar.
QIB continues to contribute significantly to Qatar Development Bank’s (QDB) Al Dhameen Program, which encourages SMEs to acquire the suitable financing from banks to grow their businesses, in addition to other initiatives launched by QDB to offer easier access to financing for Qatari SMEs.
Corporate Online Account Opening through the QIB Website
Corporate and SMEs can now open new accounts through QIB Website to simplify the corporate account opening process.
On the Path to Revolutionizing Corporate Banking
• 100% of Corporate salary payments made online in 2021
• 93% of local & international transfers via the Corporate Internet Banking in 2021
• 91% of digitally active SME customers
QIB continues its journey towards innovation and sustainability with more ambition than ever before, launching innovative products and services that benefit customers and society at large. QIB remains committed to invest and build the right digital infrastructure and ecosystem for a better tomorrow.
Sharing the Excitement
QIB prides itself to be part of this milestone for the State of Qatar and to offer customers a unique experience and valuable rewards, courtesy of Visa, while sharing the passion for sports and football. Over the past years, QIB been working hard to digitize its products to enhance customers’ experience. QIB’s strategic partnership with Visa and the launch of the limited-edition cards, is another testament to the bank’s position as the leading digital bank offering the most secure and convenient digital payments.
