Commercial Bank has launched a campaign that gives five customers using the bank’s PayCards the opportunity to win a cash prize of QR1,000 every month, running from May until July 31.

To enter the draw, customers need to make a transaction with a PayCard at a merchant outlet during this period. There is no minimum transaction amount required, although cash withdrawals from ATMs are not included in the promotion.

Commercial Bank PayCards are a “cost-effective and efficient” way to pay employees without the need for a bank account, especially for those earning less than QR4,000 per month. There are several advantages of paying employees directly into an account, which is accessed via a PayCard.

Commercial Bank PayCards adopt the Chip and Pin technology, similar to debit and credit cards, significantly increasing security. Furthermore, the use of PayCards helps streamline corporate payroll processing, providing the ideal solution for companies with lower-income employees.

Commercial Bank PayCards can be used in Qatar as well as overseas, providing a safe and convenient way of accessing a customer’s salary, while in Doha or travelling to a home country.

Commercial Bank has been championing PayCard products since 2003, providing corporate entities and small- and medium-sized businesses with a “quick, easy and secure” way of paying their workers.

Dean Proctor, EGM (retail and consumer banking), said: “There are a number of benefits for businesses switching to Commercial Bank PayCard products. Convenience is a key advantage, not only with regards to simplifying payroll protocol, but also in terms of practicality for end-users who can pay directly for goods and services at thousands of merchant establishments across Qatar and overseas, in addition to accessing cash at ATMs.”

 

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