Qatar Islamic Bank (QIB) has introduced the Himyan debit card, in alignment with Qatar Central Bank’s (QCB) initiative to promote a cashless society and streamline transactions. This new offering enhances the electronic payment ecosystem, following the successful launch of the Himyan prepaid card in 2023. Catering to local transactions, the Himyan debit card ensures secure and convenient shopping experiences through its integration with the national network NAPS and QPAY’s online payment portal, widely accessible in Qatar.
Advancing Electronic Payment Services
QCB’s objective of advancing electronic payment services receives a significant boost with the introduction of the Himyan debit card. By leveraging existing infrastructure and networks, this card facilitates seamless transactions at ATMs, POS terminals, and online merchants across the country. Its compatibility with NAPS and QPAY ensures widespread acceptance and promotes a cashless economy.
Enhanced Security and Convenience
The Himyan debit card not only offers enhanced security features but also enables contactless transactions, aligning with global trends in digital payments. Its integration with QIB’s mobile app streamlines the issuance process, allowing customers to acquire the card instantly. Furthermore, the first-time issuance of the Himyan debit card is complimentary, making it an attractive option for both existing and new QIB customers.
Supporting Financial Inclusion
QIB’s collaboration with QCB to introduce the Himyan debit card underscores their commitment to supporting financial inclusion in Qatar. This initiative offers advantages to a wide range of customers, including existing account holders and individuals seeking to join the banking system. The card’s availability and accessibility contribute significantly to broadening the financial landscape in the country.
Commitment to Sustainability
In addition to the Himyan debit card, QIB has demonstrated its commitment to sustainability through initiatives such as the Carbon Emission Tracker feature on its mobile app. By partnering with Visa and ecolytiq, QIB enables its customers to monitor and reduce their carbon footprint associated with card transactions. This initiative not only promotes eco-conscious banking but also contributes to a greener digital banking ecosystem.
The launch of the Himyan debit card by Qatar Islamic Bank marks a significant step towards realizing Qatar Central Bank’s vision of a cashless society. With its focus on enhancing electronic payment services, ensuring security, and promoting financial inclusion, the Himyan debit card is poised to transform the digital banking landscape in Qatar. Additionally, QIB’s commitment to sustainability further reinforces its position as a forward-thinking financial institution, dedicated to meeting the evolving needs of its customers and the environment.