Qatar Islamic Bank (QIB) has announced the launch of the “Request to Pay” feature on its Fawran instant payment service, available through the QIB mobile app.
The Fawran “Request to Pay” service enables customers to request a payment from a registered Fawran user instantly through the QIB mobile app.
By entering the payer’s alias and the amount needed, the request is sent via Fawran to the payer in any bank in Qatar. Once the payer approves, the transfer is executed instantly.
As part of the QIB’s efforts to align with Qatar’s Third Financial Sector Strategy, the “Request to Pay” feature enhances the payment and transfer processes by integrating advanced security protocols and improving accessibility.
Fawran, which means “instantly” in Arabic, streamlines the payment and transfer process for new and existing customers.
It uses alternative identifiers for account details, empowering customers to instantly send and receive funds without the need for inputting traditional beneficiary details making the process fast and easy.
By facilitating instant transfers, Fawran offers a rapid and secure electronic payment solution, accessible 24/7.
The service allows customers to transfer up to QR50,000 per transaction.
Fawran also offers customers the options to manage the linkage of alias names to their desired accounts and track their transactions through its payment history.
“We are pleased to launch the ‘Request to Pay’ feature, yet another useful feature in our continuous quest to enhance customer convenience,” said QIB general manager (Personal Banking Group) D Anand. “This new addition empowers our customers, affirming our commitment to delivering innovative solutions that meet their evolving financial needs and offer them speed, convenience and more control and flexibility.”
Available on App Store, Google Play, and Huawei AppGallery, customers can download the QIB mobile app and easily self-register using their active ATM/debit card number and PIN.
For more information, visit www.qib.com.qa/en-Fawran
