Commercial Bank receives award from Visa for highest e-commerce growth in Qatar

Commercial Bank has received an award from Visa, the “world’s leader” in digital payments, for “highest e-commerce growth” in Qatar. The award recognises excellence among Visa card issuers in the market that drives e-commerce business growth through best-in-class products, innovation and constant customer engagement.Commercial Bank executive general manager and head (Retail and Consumer Banking) Amit Sah said, “We are delighted to win such a prestigious award from Visa, the world’s leader in digital payments. Commercial Bank has a long and proud strategic relationship with Visa which has allowed Commercial Bank to offer superior products and services in the local market, backed up by top quality service.’’Roya Khajeh, Commercial Bank assistant general manager and head (Cards and Payments) said, “This award is a testament to Commercial Bank’s commitment to offer a diversified range of payment solutions to our customers and we will continue to focus on e-commerce, where we are seeing a clear shift in our customers’ preferred mode of transaction. E-commerce is growing in Qatar and Commercial Bank has worked closely with Visa to make e-commerce transactions safer and more convenient. We were one of the first banks to offer a dynamic OTP based 3D-secure online feature to our cardholders and we are now offering Visa Checkout to make e-commerce transactions faster and even more secure.”Shahebaz Khan, Visa country manager (Qatar) said, “Consumers in general are increasingly demanding secure and easy-to-use digital payments when making purchases online – this is of course true as well for Qatari cardholders. Commercial Bank has been playing a leading role in driving e-commerce in Qatar and we are delighted they are offering Visa Checkout to its customers who can now enjoy a consistent, simple, and secure shopping experience across any device – desktop, mobile and apps.” Enrolling in Visa Checkout is a simple, one-time process, taking only a few minutes. Consumers simply store their shipping and payment information in a secure account with Visa once, and they never have to re-enter it again when shopping online at all merchants globally who offer Visa Checkout. Users simply enter a username and log-in to pay, rather than a 16-digit credit card number and expiry date at every transaction.  Customers can enrol in Visa Checkout on www.cbq.qa website, Visa.com (https://qa.visamiddleeast.com/en_QA/pay-with-visa/vco.html) or the website of any online retailer subscribed to the digital payment service.