IKEA eCommerce portal in Qatar launching soon with QNB, Mastercard tie-ins

By Rahul Vaimal, Associate Editor
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One of the world’s largest home furnishing brands, IKEA is all set to launch its own eCommerce store in Qatar to allow local shoppers to order their favorite items and make payments online through a credit card.

The global home furnishing giant is teaming up with Qatar National Bank (QNB) to create a fast, safe and convenient online payment experience with reliable local acquiring services and Mastercard’s payment gateway platform.

The Qatar-based bank provides digital e-commerce products built on innovation and service excellence while keeping businesses up to date with the latest payment solutions, powered by trusted and secure Mastercard technology.

Customers will now be able to make secure payments with all major credit card brands protected by the latest technology reinforced by tokenization, security feature by IKEA which converts sensitive card details into an unreadable token and 3D Secure.

Vinod Jayan
Vinod Jayan
Managing Director
Al-Futtaim- IKEA

“I am thrilled to announce this milestone that will allow us to reach the many people of Qatar online, as in our store. The convenient and easy shopping experience has always been a guiding principle in IKEA. How people browse, shop and pay online, is just as important as the quality and experience they get in our store. That is why we constantly look for the latest technologies and security solutions to power our online presence and ensure our customers are protected. Having worked with Mastercard Payment Gateway Services in other parts of the MEA region, we had the trust and confidence to extend the partnership into Qatar and QNB was an easy choice when it comes to local acquiring services, given their great track record with large e-commerce businesses and industry expertise.”

Al-Futtaim Cards & Payments EVP Arjun Singh said, “There has never been a more pronounced shift to e-commerce than what we have seen the past year and we are pleased to see another milestone in IKEA’s digital ambitions, with the support of the Mastercard’s payment gateway platform. IKEA’s online capabilities have gone from strength to strength with Qatar utilising the Mastercard platform to deliver safe, seamless and convenient online shopping.”

Commenting on the partnership, QNB Group Retail General Manager Heba A Tamimi said, “QNB is pleased to be part of this partnership with IKEA. Our pioneering payment solutions provided in cooperation with Mastercard is a good example of our commitment to provide superior payment experiences. We will continue to collaborate with industry-leading partners to ensure that customers and merchants in Qatar are availed with the best technologies.’’