QNB receives prestigious awards from Visa

Posted on : Mon, 30 Jan 2023

Doha, January 30, 2023 – QNB Group, one of the largest financial institutions in the Middle East and Africa, has recently been recognized through two prestigious awards from Visa for ‘Best Loyalty Programs’ and Excellence in Introducing New Solutions’. The awards are in recognition of QNB for outstanding achievements within the Cards and Payments Industry in the areas of loyalty and digital payment solutions launched in the market
QNB Life Rewards is a pan bank loyalty program that rewards both banking relationship as well as banking transactions with QNB. The program is very well received by customers due to its wide range of options for instant points redemption at over 1,200 QNB exclusive partners’ shops, internet or mobile banking, or QNB ATM. The Bank regularly runs campaigns that allows customers to accumulate more points for using their cards or other banking products, whether in Qatar or abroad. It also offers many exclusive benefits and privileges throughout the year to QNB loyal customers.
From a payments innovation perspective, QNB continues its regional leadership in bringing about the most relevant and technologically advanced payment options with high degree of customer centricity that are safe and secure, including Apple Pay, Samsung Pay, Google Wallet, Garmin and Fitbit Pay, Facial Recognition Payments and myPOS providing payment acceptance on mobile phone devices/Tap on Phone . QNB is also the first bank in Qatar to introduce a full-fledged digital prepaid card, allowing customers to apply for the product through an application, without the need to visit a physical branch.  
Commenting on the awards, Mr. Adel Al-Malki, Senior Executive Vice President QNB Group Retail Banking said: “We are very pleased to have won these two prestigious awards and we are thankful to Visa for such recognition. The Cards and Payments industry is highly competitive and at QNB, we have been very successful in ensuring that our customers experience the most secure, convenient and rewarding payment methods”
Dr. Sudheer Nair, Visa’s Country Manager for Qatar, said: “Visa is delighted to present these awards to QNB. As the global leader in digital payments, Visa strives to provide innovative, best in class solutions that address the evolving payment needs of consumers and businesses in Qatar. QNB’s efforts in providing the innovative, secure digital payments that contribute to the growth of digital commerce in Qatar makes them a well-deserving recipient of these awards.”

QNB Group, currently ranked as the most valuable bank brand in the Middle East and Africa. Through its subsidiaries and associate companies, the Group extends to more than 30 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is 27,000 operating through 1000 locations, with an ATM network of more than 4,600 machines.