QIB launches Qatar’s first digital credit card

Qatar Islamic Bank (QIB) has announced the launch of the first-ever digital credit card in Qatar, available on QIB’s award-winning mobile app.

The innovative new product will enhance customers’ experience as they will be able to instantly issue their card, use it for online shopping, and add it to their Apple wallet without the need to have a physical card.The digital card is available to all eligible customers to apply and obtain approval instantly through the QIB mobile app. The digital card will be available in real-time for customers to view and use for their e-commerce transactions with card details like the 16-digit card number, expiry date, and CVV being visible to the cardholder in a unique and secure way. The digital card can also be added to Apple Pay instantly to be used either at point of sale (POS) terminals in physical shops or for e-commerce transactions.To celebrate the launch of the new digital credit card, QIB will offer customers 10,000 bonus Absher points upon using the new card for the first time. In addition, within the first 30 days of getting the card and until July 7, 2022, digital credit cardholders who spend between QR10,000 and QR19,999 on online purchases will get QR500 as cashback, and if they spend QR20,000 and above they will get QR2,000 as cashback. The digital card, free of any issuance fees, will offer customers a host of benefits, including instant activation and usage, as well as Absher reward points for every transaction. The new digital credit card comes with the highest levels of security and encryption, and allows cardholders to activate or deactivate it from their mobile at any time.D Anand, general manager, Personal Banking Group, said: “We are proud to be the first bank in Qatar to launch this innovative product to our customers. This digital credit card will offer an unprecedented digital payment solution, allowing QIB customers to benefit from easy access and seamless use of the card, while having the peace of mind of enjoying complete control over the card, offering an unparalleled banking and purchasing experience."