Masraf Al Rayan receives Excellence in Business award from Visa


Masraf Al Rayan receives Excellence in Business award from Visa

Doha-Qatar: Masraf Al Rayan, a prominent Islamic bank in Qatar, is delighted to announce that it has received the Excellence in Business Award presented by global digital payments leader, Visa. This prestigious honour acknowledges the bank's exceptional business expansion and notable contributions to promoting digital payment solutions in the region. Specifically, Masraf Al Rayan has demonstrated excellence in implementing and endorsing tokenized card payments via Apple Pay and Google Pay.

Ms. Rana Al-Asaad, GM Retail & Private Banking at Masraf Al Rayan expressed her enthusiasm, stating, "We are thrilled to receive this esteemed award from Visa. It serves as a testament to the dedication, creativity, and innovative mindset of our team. Our primary goal has always been to provide secure, convenient, and cutting-edge banking solutions to our customers, and this recognition reaffirms our success in achieving that."

The bank's commitment to digitization has resulted in the successful adoption of tokenized card payments. By offering this technology through Apple Pay and Google Pay™, Masraf Al Rayan has empowered customers with a secure and user-friendly platform for making payments. Consequently, this has driven substantial business growth and heightened customer satisfaction.

"We’re recognizing Masraf Al Rayan for their efforts in digitizing money movement and leveraging technology