QIIB unveils new Visa Business Debit Card for SMEs

QIIB launches Visa Business Debit Card
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By Shilpa Annie Joseph, Official Reporter
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QIIB has launched its latest corporate and business solutions, the Visa Business debit card for small and medium enterprises (SMEs).

This card is the first of its kind issued by a bank in Qatar and offers advanced and convenient payment solutions with numerous value-added customer benefits.

The Business debit card, offered by QIIB, has a wide range of benefits and can be used at any of Visa’s 130 million-plus merchant partner locations globally, ensuring round-the-clock access to the company’s account.

It also enabled for contactless payments, facilitating in-store and online purchases and transactions, domestically and internationally. All card transactions are supported by real-time SMS alerts. Customers can use it for making cash withdrawals, deposits, money transfers, as well as checking mini statements at QIIB ATMs.

QIIB’s Business debit card also provides companies with exceptional benefits and options from Visa, including travel, insurance, entertainment, and discounts from reputable global partners.

Omar Abdulaziz Al-Meer, Chief of Corporate Sector at QIIB, said that, “We are pleased to introduce this card, in collaboration with Visa, as a significant value addition that we offer to our small and mid-sized business customers, as part of our commitment to providing the best corporate services and payment solutions.”

“The launch of the Visa Business debit card is an extension of the card products and solutions that QIIB has previously introduced to large, medium, and small businesses, including the Visa Signature Business credit card and the Visa Signature Corporate credit card,” Al-Meer added.

Shashank Singh, Visa VP and GM for Qatar and Kuwait, stated that, “This is a significant step towards supporting the growth and digital transformation of SMEs in Qatar. The launch of the Visa Business debit card by QIIB not only provides these businesses with a convenient and secure method of transaction but also opens opportunities for them to participate in the global digital economy. This aligns well with the priorities of the Qatar government and reflects our commitment to supporting partners like QIIB in catering to the evolving needs of their customers.”

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