back Back

Qatar Islamic Bank rolls out e-commerce platform on its mobile app

By Delisha Fernandes

February 06, 2024

  • Credit Cards
  • Digital Bank
  • E - Commerce
Share

Qatar Islamic Bank, QIB,Qatar Islamic Bank (QIB), a digital bank, has launched its innovative e-commerce platform,  QIB Marketplace, available on the QIB Mobile App.

This innovative addition reshapes the digital banking landscape, providing customers with enhanced convenience and access to a wide array of products and services right at their fingertips, affirming QIB’s mission to offer more than just banking.

Anand, QIB’s General Manager – Personal Banking Group, said, “QIB is redefining what it means to be a bank. With the introduction of QIB Marketplace, we’re not just leading in digital banking innovation; we are creating a new paradigm by offering our customers a marketplace that goes beyond the traditional boundaries of banking. This platform is a part of our commitment to providing value-added services that enrich our customers’ lives, affirming that with QIB, you’re in control of more than just your finances.”

QIB Marketplace is committed to nurturing and supporting local merchants while promoting ‘Qatari Brands’ to enhance the national industry and contribute to economic development. This platform provides local entrepreneurs, SMEs and micro enterprises a streamlined onboarding opportunity, enabling them to join and grow within the marketplace. By championing local merchants, QIB actively supports the growth of local SMEs.

This platform offers a multitude of features designed to enhance the shopping experience. Customers can shop using their credit cards or conveniently redeem their existing Absher points or a combination. Alternatively, customers can also debit their current or savings account to pay for purchases or combine it with Absher Points redemption. Furthermore, customers can purchase gift cards for personal use or as thoughtful presents. By leveraging the comprehensive range of payment options available within the QIB Mobile App, customers have greater flexibility and freedom to complete transactions as per their preferred mode of payment.

Additionally, the App allows customers to control their accounts, cards, and transactions fully and to fulfill all their banking requirements remotely. In addition, QIB customers can open a new account, instantly get personal financing or Credit Cards, and open additional accounts via the QIB Mobile App.

Previous Article

February 06, 2024

Ant International & Yapily to enhance e-commerce payments in Europe

Read More
Next Article

February 06, 2024

Lowell & Neonomics to enable account-to-account payments in the Nordics

Read More






IBSi Daily News Analysis

cloud,

July 19, 2024

Credit Cards

SMEs leverage cloud to gain competitive edge, study shows

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

September 18, 2024

UnionPay & AXS simplify bill payments for Mainland Chinese residents in Singapore

Read More

September 18, 2024

Metro Bank chooses Infosys to accelerate digital transformation

Read More

September 18, 2024

PayU joins Footprint Lab to boost Climate Finance potential in India

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Global FinTech Innovation Awards 2024

Here’s to the coolest in FinTech!
Nominate Now!
close-link
Nominate now! IBSi Global FinTech Innovation Awards 2024