Ahli Bank Q S C : Ahlibank recognised as first Visa payWave issuer in Qatar
April 25, 2017 at 11:18 am EDT
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25 April 2017
Ahlibank, a leading Qatari owned financial institution has been given a recognition award by Visa International for issuing the first Visa payWave Credit Card in Qatar.
With the Visa payWave technology feature, cardholders can simply shop, wave and go - convenient, fast and secure without needing any PIN (Personal Identification Number) or signature for purchases of QAR 100 or less. Visa Platinum Credit Cardholders will not only enjoy more entertainment, shopping and dining privileges, but will also have 6 complimentary visits to airport lounges every year at over 25 airport lounges worldwide.
Ahlibank's Deputy CEO - Retail and Private Banking, Hassan AlEfrangi, said, 'We are pleased to be recognised by Visa for being the first Visa payWave issuer in Qatar. The new Ahlibank Visa Platinum Credit Card with payWave technology has a unique design of Doha skyline with the national colour to support our vision to be at the heart of the local community. All to bring tomorrow's banking to Qatar today, for all our customer's banking needs.'
Selim Ergoz, General Manager, UAE, Qatar & Pakistan, Visa, said: 'Ahlibank has been a pioneer of contactless payments in Qatar, with its early adoption of Visa payWave ushering in a new era of speed and efficiency for cardholders and merchants alike. Visa congratulates Ahlibank for putting their customers in control of the payment transaction and for bringing Qatar another step closer towards a cashless and contactless payments future.'
Al Ahli Bank QSC published this content on 25 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 25 April 2017 15:17:27 UTC.
Original documenthttp://www.ahlibank.com.qa/en/media-center/news-press-releases/ahlibank-recognised-as-first-visa-paywave-issuer-in-qatar
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Ahli Bank QPSC, formerly Ahli Bank QSC, is a Qatar-based bank. The Bank provides its products and services through its business segments: The Retail and Private Banking and Wealth Management segment, which includes individual customersâ deposit and current accounts, provides consumer loans, residential mortgages, overdrafts, credit cards and fund transfer facilities, investment products, funds, credit facilities, trusts and alternative investments, and the Corporate banking, treasury, investments and brokerage subsidiary segment offers loans and other credit facilities, and deposit and current accounts for corporate and institutional customers, and provides money market, trading and treasury services, as well as brokerage services. The Bank operates through its head office and a network of 17 branches located across the State of Qatar. The Bank has a wholly owned subsidiary, Ahli Brokerage Company SPC, which is active in brokerage operations.