(MENAFN- The Peninsula)
The Peninsula
Doha, Qatar: QIIB has announced the launch of its latest corporate and business solutions, the Visa Business debit card for small and medium enterprises (SMEs).
This card is the first of its kind issued by a bank in Qatar and offers advanced and convenient payment solutions with numerous value added customer benefits.
The Business debit card, offered by QIIB, has a wide range of benefits and can be used at any of Visa's 130million-plus merchant partner locations globally, ensuring round-the-clock access to the company's account.
It also enabled for contactless payments, facilitating in-store and online purchases and transactions, domestically and internationally.
All card transactions are supported by real-time SMS alerts. Customers can use it for making cash withdrawals, deposits, money transfers, as well as checking mini statements at QIIB ATMs.
QIIB's Business debit card also provides companies with exceptional benefits and options from Visa, including travel, insurance, entertainment, and discounts from reputable global partners.
Commenting on the occasion, Omar Abdulaziz Al Meer (pictured), Chief of Corporate Sector at QIIB, said,“We are pleased to introduce this card, in collaboration with Visa, as a significant value addition that we offer to our small and mid-sized business customers, as part of our commitment to providing the best corporate services and payment solutions.
“Our steadfast commitment to providing integrated solutions to our corporate customers is expressed through the innovative services and products we offer. The launch of our Visa Business debit card for SMEs reflects our dedication to this customer segment, given its significance in entrepreneurship, as well as our commitment to support its contribution to development.”
Al Meer noted,“The launch of the Visa Business debit card is an extension of the card products and solutions that QIIB has previously introduced to large, medium, and small businesses, including the Visa Signature Business credit card and the Visa Signature Corporate credit card. We always strive to stay on top of the best trends and solutions vis-à-vis corporate payments, opening up renewed horizons for these businesses.”
The Chief of Corporate Sector added,“All of our SME customers can apply for the Visa Business debit card by visiting any QIIB branch or directly contacting their respective relationship manager.”
On his part, Shashank Singh, Visa's VP and GM for Qatar and Kuwait, said:“This is a significant step towards supporting the growth and digital transformation of SMEs in Qatar. The launch of the Visa Business debit card by QIIB not only provides these businesses with a convenient and secure method of transaction but also opens opportunities for them to participate in the global digital economy. This aligns well with the priorities of the Qatar government and reflects our commitment to support partners like QIIB in catering to the evolving needs of their customers.”
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