Qatar-based multinational commercial bank, Qatar National Bank (QNB) has been recognized as “The Most Promising Commercial Cards Programme in MEA” by leading global payments & technology company Mastercard, for the bank’s highly competitive set of commercial payment propositions.
QNB received the accolade in a private online ceremony attended by Yousef Mahmoud al-Neama, the bank’s executive general manager and group chief business officer, Heba al-Tamimi, group retail general manager and Ali Abdullah Darwish, acting general manager Group Corporate and Institutional Banking.
The award is a recognition for the cutting-edge payment solutions introduced by QNB which comes with a range of benefits and privileges, specially curated to meet the ever-changing demands of commercial customers.
The commercial cards program of QNB was designed to allow corporates and small and medium-sized enterprises (SMEs) to better manage their expenses, payables, and overall cash flow. The cards are adaptable and can be used in combination with corporate reporting and expense management solutions.
Other benefits include the Corporate Liability Waiver, which protects commercial customers against any potential misuse of cards. 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 flexibility and easy usage.
Commenting on this achievement, Mr. Al-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.”
“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 of catering to discerning Qatari businesses and driving digital transformation in the country.”
QNB’s presence through its subsidiaries and associate companies spreads across 31 countries providing a comprehensive range of advanced products and services.