Mastercard and Ooredoo to launch virtual prepaid cards in Qatar

By Leandra Monteiro

Ooredoo Qatar, Mastercard and QNB have announced the launch of the Ooredoo Money Virtual Prepaid Card and Contactless Tap & Go Mastercard cards in Qatar. Keeping in line with the Qatar National Vision 2030, Ooredoo is aiming to driving digitalisation of the economy in the country as well as ensure the launching of latest in digital payment solutions. It is committed towards offering quick, easy, and convenient options to perform transactions.

Customers can apply for the Mastercard Virtual Prepaid card directly using the Ooredoo Money app. The new product enables immediate issuance of digital cards and allows users to perform safe and secure online payments. With this partnership, Ooredoo Money will also be issuing Mastercard’s Contactless Tap & Go physical cards, thus allowing contactless payments using secure Near Field Technology (NFC) for retail transactions anywhere in the world. Users will be able to issue Contactless Tap & Go physical cards from Ooredoo Money shops in the coming weeks.

Sheikh Nasser Bin Hamad Al Thani, Chief Commercial Officer at Ooredoo said, “We’re delighted to be partnering with Mastercard and QNB to launch these exciting products, which is another milestone for us on the journey towards complete digitalisation. This partnership is further testament to our commitment to providing consumers with convenient, safe and secure high-quality financial services.”

Heba Al –Tamimi, General Manager, QNB Group Retail Banking said, “This is yet another proof that QNB is at the forefront of technology, and leads the region and the market with innovative solutions. This partnership demonstrates our successful work with partners from other industries to deliver innovative digital financial services to provide the community with convenient, safe and fast payment services.”

Nadia Ghissassi, Country Manager – Qatar, Oman, Kuwait and Iraq at Mastercard said, “We are delighted to extend our longstanding partnership with Ooredoo and QNB. We are committed to delivering innovative solutions, and drive such strategic partnerships, that will further accelerate the shift towards a digital economy in Qatar. We will continue to leverage our expertise to introduce products with our consumers’ evolving needs at the heart of the design process, offering them safer, faster and convenient ways to pay.”