Qatar Islamic Bank rolls out e-commerce platform on its mobile app
By Delisha Fernandes
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.
IBSi Daily News Analysis
February 28, 2024
FinTech penetration in Southeast Asia will double by 2027, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage