QNB gets award for most promising commercial cards programme in MEA region from Mastercard

QNB Group, the largest financial institution in the Middle East and Africa, recently received the award for “The Most Promising Commercial Cards Program in MEA” from Mastercard, in recognition of the bank’s highly competitive set of commercial payment propositions.

QNB’s cutting edge payment solutions come with a range of benefits and privileges specially curated to meet the ever-changing demands of the commercial customers. The commercial cards programme has been designed to allow corporates and SMEs to better manage their expenses, payables, and overall cash ow.

The cards are adaptable and can be used in combination with corporate reporting and expense management solutions. They have also driven greater visibility and efficiency into corporate purchasing decisions and general expenditures.

Furthermore, QNB’s commercial card solutions are enabled to have merchant level transaction control, giving companies greater peace of mind with their dayto-day activities. Other benefits include the Corporate Liability Waiver, which protects commercial customers against any potential misuse of cards. However, the most notable feature of the solution is the rich and detailed information, which corporate clients can access and gain through QNB’s Mastercard Smart Data platform. These world-class payment solutions come with great exibility and easy usage.

Mastercard awarded QNB the plaques in a private online ceremony attended by QNB Executive General Manager and Group Chief Business Officer Yousef Mahmoud Al Neama, QNB Group Retail General Manager Heba Al Tamimi

and QNB Acting General Manager Group Corporate and Institutional Banking Ali Abdullah Darwish.

Commenting on this achievement, Neama said, “QNB’s Commercial Cards and Payment solution is the best in class commercial payment instrument which we are confident will bring about great benefits to our customers. We are committed to bringing about the safest, most convenient and rewarding solution to the business community, reiterating our focus and intention to growing the corporate payments market which supports Qatar’s cashless society vision.”

Mastercard Country Manager Qatar, Oman, Kuwait and Iraq Nadia Ghissassi said, “QNB’s wide range of commercial cards comes complete with world-class capabilities, powered by Mastercard’s technology and QNB’s exclusive benefits. We are focused on helping both corporates and SMEs by giving them innovative products and payment solutions that enable them to scale and grow and make the most of the digital economy. Our long-standing partnership with QNB is a testament to our commitment to catering to discerning Qatari businesses and driving digital transformation in the country.”