Recently, QNB Group, in cooperation with MasterCard, the global payment technology company, organized the first Commercial Card Payments Forum.
The forum, which was attended by management representatives from both QNB and MasterCard, highlighted the latest global and regional trends affecting the field of commercial payments. The agenda included actionable and actionable insights, which can be used for the benefit of business card clients.
QNB’s advanced payment solutions come with a host of benefits specifically designed to meet the ever-changing requirements of merchant customers. The products available to companies and small and medium enterprises focus on increasing efficiency in order to better manage cash flows, expenses and liabilities. Rich and detailed information, available through Mastercard’s intelligent data reporting platform, enables customers to make better decisions through multiple relevant, up-to-date and accurate data points.
In addition to enabling transaction control at the merchant level, which provides customers with more control, QNB MasterCard’s merchant payment solutions come with a corporate disclaimer feature, which protects customers from any potential misuse.
Mr. Adel Al-Malki, Senior Vice President – Retail Banking at QNB Group, said: “We are very pleased to host this forum with MasterCard. QNB’s commercial payment products are well positioned to allow companies to focus on managing and growing their business without worrying about the means of payment. He added: The commercial payments business is of great strategic importance to QNB, and we will continue to invest in it to ensure that our customers benefit from payment solutions that provide the greatest degree of security, convenience and rewards.
For his part, Mr. Khaled Ahmed Al-Sada, Senior Vice President – Corporate and Institutional Banking at QNB Group, said: “We remain committed to developing and developing the commercial payments sector in line with the vision of the Government of the State of Qatar represented in promoting electronic payments. We urge our customers to contact our corporate and SME relationship managers, who will be happy to provide more information about commercial payment products and how their business can benefit from them.”
Mr. Erdem Shekar, Country Manager for MasterCard in Qatar and Kuwait, said: “In partnership with large organizations such as QNB, MasterCard is committed to supporting businesses of all sizes through innovative new technologies and rewarding business solutions. The inaugural Commercial Card Payments Forum allowed us to explore this fast-moving sector with our partners and chart the path for further innovation.”
