Mastercard recognises QIB on anniversary of 1st Islamic PoS solution in Qatar

Mastercard recognises QIB on anniversary of 1st Islamic PoS solution in Qatar

Mastercard recognises QIB on anniversary of 1st Islamic PoS solution in Qatar

April 19 2022 12:29 AM



QIB has received recognition from Mastercard on the third anniversary of the launch of Qatarق€™s first Islamic PoS solution and for showcasing continuous outstanding performance

Qatar Islamic Bank (QIB) has received recognition from Mastercard on the third anniversary of the launch of Qatar’s first Islamic Point of Sale (PoS) solution and for showcasing continuous outstanding performance.

Launched in 2018, QIB’s PoS solution and online payment gateway was introduced to serve the bank’s corporate customers and support their banking needs. Developed by Android smart technology, the Islamic PoS solution provides innovative, secure, and highly efficient payment processing service.

The PoS supports contactless card transactions, eWallet, a QR code scanner, as well as online billing and settlement. Online payment gateway enables businesses to offer their customers an option to pay online at any time through a hassle-free process.

Following the successful launch of the PoS, QIB collaborated with Qatar Post to launch Qatar’s first fully-integrated postal delivery PoS. Through the PoS device, customers can make cashless payments on delivery when receiving parcels. The smart PoS allows Qatar Post’s delivery driver to precisely know the exact customer