Mastercard recognizes QIB on the anniversary of first Islamic point of sale solution in Qatar

Mastercard recognizes QIB on the anniversary of first Islamic point of sale solution in Qatar

Doha, Qatar: 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 a 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 business 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 Point of Sale (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 details for each delivery, including the total amount to be collected, by simply scanning the item using the PoS device, which has been fully integrated with Qatar Post back-end tracking system. In addition, Vodafone Qatar has