Sheikh Abdulaziz bin Abdullah: The two Visa cards open new horizons and provide pioneering corporate payments solutions.

QIIB announced the launch of its latest corporate and business solutions, which consist of two Visa credit cards that provide large, medium and small-sized enterprises with flexible, easy and convenient payment solutions as well as many advantages in line with the aspirations of the bank's corporate customers.

Both the Visa Signature Business Credit card and Visa Signature Corporate Credit card of QIIB are considered a qualitative addition to the services provided to its corporate customers, as part of its keenness to keep pace with the best corporate payment solutions.

QIIB noted these Visa cards are accepted locally and globally, providing their holders with a unique lifestyle in line with their business aspirations and the best appropriate banking solutions.

The two new Visa cards allow customers to benefit from ‘QIIB Pay’ digital payment solutions via ‘Fitbit Pay’ and ‘Garmin Pay’, which are payment wristbands.

The two Visa cards also provide holders with zero-profit payments for up to 40 days, business liability insurance and 24-hour personal assistance.

In addition, holders of Visa Signature Business Credit card and Visa Signature Corporate Credit card can pay 5% of the outstanding amount every month.

The Visa cards also enable their holders to access business lounges at local and international airports, insure their travels and benefit from the offers of ‘Agoda’ application and many hotels. Additionally, they can avail discount offers of 'Xperience with the ENTERTAINER' application along with many other features that make obtaining any of these two Visa cards a profitable deal for corporate customers.

On the occasion, Sheikh Abdul Aziz bin Abdullah al-Thani, Head of Corporate Sector at QIIB said, “We are pleased to launch these cards as a qualitative addition to the services and products that we provide to our corporate customers in cooperation with Visa. In fact, the two Visa cards are more than just two bank cards, as they open new horizons and provide pioneering corporate payment solutions, as well as a wide range of payment services to our corporate customers who have always benefited from the best solutions”.

He stated, "We made sure that the Visa Signature Business Credit card is provided to small and medium-sized companies. Our interest in this category of customers exceeds the normal banking aspect, as we strive to support entrepreneurs and development in order to achieve prosperity in the society.  SMEs are an indispensable component of this process".

Sheikh Abdul Aziz bin Abdullah continued, “The second Visa Signature Corporate Credit card is provided to large companies with which we established long-lasting partnerships that have been reinforced with time. We always strive to provide services that meet their needs and aspirations. We hope that the new card will meet these companies' aspirations in terms of payments to a large extent".

He explained, "QIIB made great strides in developing its card services, as it launched many cards that were well received by its clientele. In recent times, the bank has been able to launch card services that target specific categories, such as the Visa corporate cards that we are launching today. The bank also launched its corporate cash deposit card, employees' salary card and domestic worker card.”

He stressed that the bank will continue to implement its plans and seek to develop various services and products, including card products, in line with the bank's digital transformation plans, which have made exceptional strides during the past period.”

Dr. Sudheer Nair, Visa’s Country Manager for Qatar, said, “We are delighted to partner with QIIB to launch our Visa Corporate card solutions for businesses in Qatar.  After a difficult year for many businesses, particularly SMBs, our card solution is an attractive proposition for businesses looking to reduce cost and streamline expense reporting both easily and securely. And as travel eventually re-opens, businesses will also be able to benefit from exclusive offers as well as the peace of mind of global acceptance at Visa’s 70 million merchant locations. We continue to work closely with our partners like QIIB in supporting local businesses in their recovery and the country’s economic growth.”

QIIB’s corporate customers can acquire both Visa cards by contacting the corporate banking branch or the relevant relationship manager.

QIIB was established in 1990 as the second Islamic bank in the State of Qatar and is currently the third largest Islamic bank listed on Qatar Stock Exchange in terms of assets and market value.

QIIB began its operations in 1991, providing integrated banking services to its customers through a network of branches all across Qatar. The Bank was able to establish an advanced technological infrastructure and alternative channels that scaled up the banking services to a whole new level.

QIIB also has diverse regional and international partnerships.