QIIB launches advanced digital payment solution ‘QMP Merchant’ e-wallet

QIIB launches advanced digital payment solution ‘QMP Merchant’ e-wallet

Doha

* QIIB is the first national Islamic bank to launch a QR code-based e-wallet solution for merchants

QIIB has launched its "most advanced" digital payment solution for merchants- ‘QMP Merchant’ e-wallet, which gives customers the ability to conduct seamless transactions through Qatar’s Mobile Payment system with the simple use of QR codes.

This solution conveniently allows payments to be processed round-the-clock through mobile phones without the need for credit cards or Point of Sale (POS) devices.

The merchant e-wallet represents a cutting edge reliable digital solution that falls under the list of services approved by Qatar Central Bank (QCB) to promote digital economy and increase financial transaction security, while reducing reliance on cash.

As such, QMP Merchant e-wallet offers customers a new viable option by which they can pay for their transactions, seamlessly and conveniently through their phones without having to go through POS devices.

QMP Merchant payments are very fast and secure and they are made directly through mobile phones.

Additionally, subscribing to the service is very easy. All that customers need to do is visit one of QIIB’s branches across the country and have the QIIB QMP Merchant app downloaded and installed on their phone.

QIIB Deputy CEO Jamal al-Jammal said,