Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has launched a series of new features on its QIB Mobile App and Lite App, highlighting its commitment to transforming the banking experience through pioneering solutions.
As part of its ongoing efforts to expand the transfer experience, QIB has introduced a Cash Pickup Transfer service, enabling customers to send money to beneficiaries in the Philippines and Egypt without requiring a bank account.
With this innovative service, customers can enjoy benefiting from competitive exchange rates and instant cash transfer in a simple and secure way to send funds abroad to their family and friends who can collect their money from 22,000 agent locations including all BDO Unibank branches in the Philippines and all Banque Misr branches in Egypt.
The service addresses the needs of a broader segment of the population who may not have traditional banking services, thereby making money transfers more inclusive and direct.
Dorai Anand General Manager, Personal Banking Group – QIB
“At QIB, we are dedicated to providing practical solutions that address the diverse financial needs of our customers. These new features simplify everyday banking tasks while offering more options for financial management. With each update, we strive to create a seamless digital experience that is tailored to our customers’ lifestyles, making banking faster, more accessible, and more personalized.”
The new update allows customers to use their Absher Points to load funds onto their new or existing Prepaid Cards. This option enables users to transform their loyalty points into a usable cash balance, providing a convenient and flexible way to make purchases.
With the integration of this functionality into the QIB Mobile App, the bank ensures enhanced banking experience. In addition, Customers can now instantly apply for the Hadiyati (Gift) Card through the QIB Mobile App. As a one-time loaded prepaid card, it offers ease of use at any VISA-powered merchant, both in Qatar and abroad.
Furthermore, QIB has expanded access to its Family Shield WPS Takaful policy through the QIB Lite App. This expansion makes the policy more widely available to workers, offering affordable Takaful plan for just $2.73 (QR 10) per month. The service’s integration into the QIB Lite App allows users to secure their families’ future instantly, providing greater peace of mind.
