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

South East Asia

February 28, 2024

Credit Cards

FinTech penetration in Southeast Asia will double by 2027, research reveals

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

February 29, 2024

Volt secures EMI licence to offer e-money accounts in the UK

Read More

February 29, 2024

ClearBank appoints Emma Hagan to head UK operations

Read More

February 29, 2024

NPCI International & Eurobank team to offer Foreign Inward Remittances

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023