Ooredoo Qatar, Mastercard and QNB have announced the launch of the first Ooredoo Money virtual prepaid card and contactless ‘Tap & Go’ Mastercard cards in Qatar.
In line with Qatar National Vision 2030, Ooredoo is committed to further driving digitalisation of the economy and ensuring the rollout of the latest in digital payment solutions, providing consumers with quick, easy and convenient options to perform transactions, the company has said in a statement.
Consumers will be able to apply for the Mastercard virtual prepaid card directly using the Ooredoo Money App. The new product enables immediate issuance of digital cards and allows users to perform safe and secure online payments.
Through this partnership, Ooredoo Money will also be issuing Mastercard’s contactless ‘Tap & Go’ physical cards, enabling contactless and frictionless payments using secure Near Field Technology (NFC) while shopping anywhere in the world. Users will be able to issue contactless ‘Tap & Go’ physical cards from Ooredoo Money shops in the coming weeks.
Sheikh Nasser bin Hamad bin Nasser al-Thani, chief commercial officer at Ooredoo, said: “We’re delighted to be partnering with Mastercard and QNB to launch these exciting products, which is another milestone for us on the journey towards complete digitalisation. This partnership is further testament to our commitment to providing consumers with convenient, safe and secure high-quality financial services.”
Heba al-Tamimi, general manager, QNB Group Retail Banking, said: “This is yet another proof that QNB is at the forefront of technology, and leads the region and the market with innovative solutions.
“This partnership demonstrates our successful work with partners from other industries to deliver innovative digital financial services to provide the community with convenient, safe and fast payment services.”
Nadia Ghissassi, country manager - Qatar, Oman, Kuwait and Iraq at Mastercard, added: “We are delighted to extend our longstanding partnership with Ooredoo and QNB. We are committed to delivering innovative solutions, and drive such strategic partnerships, that will further accelerate the shift towards a digital economy in Qatar.
“We will continue to leverage our expertise to introduce products with our consumers’ evolving needs at the heart of the design process, offering them safer, faster and convenient ways to pay.”