Latest news with #VisaCardholders
Zawya
14-07-2025
- Business
- Zawya
QIB and Visa launch cards summer spend campaign
Doha, Qatar: Qatar Islamic Bank (QIB), Qatar's leading digital bank in collaboration with Visa, has announced an exclusive offer for its existing and new Visa Debit and Credit cardholders. Running until 14 October 2025, the campaign rewards a total of 370 customers over a period of 3 months with 100 Million loyalty points prize pool. QIB is rewarding international spends this summer, giving a chance to 70 winners to walk away with a Million loyalty points each in addition to a total of 300 monthly winners with 100,000 loyalty points each. The loyalty points will be offered as Absher, Avios, Marriott Bonvoy or Meera Rewards based on the QIB card used to enter the draw. Every month, 100 winners will be randomly selected, to receive 100,000 loyalty points over a period of 3 months. 70 grand winners will be awarded 1 Million loyalty points each at the end of the campaign, making a total of 370 winners of Visa cardholders. Cardholders will automatically qualify for the monthly draw when spending a total of QAR 1,000 per month on international transactions. Every additional QAR 1,000 spends within the same month increases their chances to win 100,000 loyalty points. Cardholders who spend a total of QAR 15,000 internationally during the campaign period will have a chance to win 1 Million loyalty points. Every additional QAR15,000 spends during the campaign period will increase their chance to win the grand prize. Commenting on the launch of the campaign, Mr. D. Anand, QIB's General Manager – Personal Banking Group, said: 'At QIB, we believe that every payment should offer our customers more—more value, more convenience, and more possibilities. The Summer Spend Campaign is part of our long-term vision to transform everyday banking into meaningful experiences. Together with Visa, we are enabling our customers to turn their international spending into real rewards, wherever their journeys take them.' Mr. Shashank Singh, Visa's VP and General Manager for Qatar and Kuwait, said: 'We are thrilled to partner with QIB on this exclusive campaign. It reflects our shared vision of delivering rewarding experiences and supporting cardholders during their travels with secure and seamless payment options. And thanks to Visa's acceptance at more than 150 millions merchant locations worldwide, QIB's customers can also enjoy the confidence and convenience of using their Visa cards wherever their travels take them.' Winners will be selected through a prize draw conducted by a representative from the Ministry of Commerce and Industry and QIB officials.
Qatar Tribune
18-05-2025
- Business
- Qatar Tribune
QIB becomes first issuer bank in Qatar and GCC to launch click to pay service for visa cardholders
Tribune News Network Doha Qatar Islamic Bank (QIB), Qatar's leading digital bank has partnered with Visa, a global leader in digital payments, to become the first issuer in Qatar and the GCC to offer to its Visa Cardholders, Click to Pay service with biometric authentication, further strengthening its leadership in digital payments. Click to Pay simplifies the online checkout process by allowing QIB Visa cardholders to register once and use a unique identifier, such as their email or phone number, to complete transactions with participating merchants. Integrated with Visa Payment Passkey Service, the solution enables biometric authentication, eliminating the need to manually enter card details or one-time passcodes. QIB Visa Cardholders can register for Click to Pay instantly through the QIB Mobile App to benefit from a faster, more secure digital payment experience across all internet-enabled devices. Built on FIDO authentication standards, Visa's passkey technology offers a secure and convenient way to confirm identity using fingerprint or facial recognition, reducing online fraud and streamlining the checkout journey. D. Anand, QIB's General Manager – Personal Banking Group, commented: 'We are pleased to be the first bank in the GCC to launch Click to Pay service with biometric authentication to Visa Cardholders customers. This milestone reflects our commitment to leading digital innovation in the region and delivering secure, seamless payment experiences for our customers. As part of our ongoing partnership with Visa, we continue to introduce technologies that enhance convenience while maintaining the highest standards of security and compliance.' Shashank Singh, Visa's Vice President and General Manager for Qatar and Kuwait, said: 'We are delighted to see QIB become the first issuing bank in the GCC to enable Click to Pay for their customers, offering them a faster and more secure digital checkout experience. This collaboration with QIB deepens our efforts to bring enhanced security and better customer experiences as well as to contribute to the Qatar government's digital commerce agenda.' Click to Pay incorporates secure digital codes, replacing sensitive payment data with encrypted tokens that protect users' financial information, making every transaction safer across internet-enabled devices.
