Dukhan Bank, Qatar’s leading banking player, has launched its Multi Currency Mastercard Prepaid Card co-branded with Qatar Airways, which allows customers to make transactions in five different widely used currencies from one card.
Users will be able to carry currencies such as the Qatari Riyal (QAR), United States Dollar (USD), Euro (EUR), Great Britain Pound (GBP) and Turkish Lira (TRY) in the Multi Currency Mastercard Prepaid Card. The innovative contactless card removes the need to carry multiple cards or physical currencies.
Customers will enjoy a reward of 1 Qmile for every $2.7 spent internationally and $5.5 spent locally, as an attempt to bring the Multi Currency Prepaid Cardholders even closer to their travel dreams. Qmiles can then be used with Qatar Airways Privilege Club to book award flights, cabin upgrades, extra baggage, and more.
Powered by smart technology, the Multi Currency card switches according to the destination of use, can draw funds from another currency, and allows customers to move money from one currency to another while locking in exchange rates.
Khalid Yousef Al Subeai CEO – Dukhan Bank
“The Multi Currency prepaid card addresses market needs for fast, flexible, and secure payment for a large portion of customers who are always on the move. The card has been specially designed to carry the most widely used currencies while allowing customers to easily load money, switch between wallets, and benefit from competitive exchange rates on payments. We are pleased to launch this card into the market for our high-level, versatile customers.”
The card can be used across ATMs, stores, food and beverage outlets abroad as well as for online purchases. Moreover, customers can use the Multi Currency Mobile Application to transfer Qatari Riyal to any currency wallet. The card offers a high-security mechanism through a built-in Chip and PIN protection. Customers can also load funds or top up the card through the Dukhan Bank Mobile Banking application, bank branch, or ATM.
Qatar Airways Group Chief Executive, His Excellency Akbar Al Baker, said that “As we continue to bring our members more unique opportunities, we are pleased to launch the Multi Currency Prepaid Card with Dukhan Bank. This comes as part of the airline’s strategy to make Privilege Club even more rewarding for our members, both when flying and through financial and lifestyle partners. Qatar Airways remains committed towards creating more possibilities to earn loyalty rewards, in addition to offering various avenues to spend them.”
“The new Multi Currency prepaid card offers cardholders a world of convenience. The solution adds a level of convenience and flexibility and ensures travelers never run out of funds while overseas. We are pleased to collaborate with our trusted partner, Dukhan Bank, and Qatar Airways to improve cardholders’ travel experience,” said Ms. Nadia Ghissassi, Country Manager for Qatar, Oman and Kuwait, Mastercard.
