Doha Bank, Mastercard launch free international transfers

05/03/2025 09:50 AST

Following Doha Bank's successful launch of new money transfer capabilities leveraging Mastercard Move, Doha Bank and Mastercard are now rolling out a new campaign that enables customers to make free international money transfers using the bank's app.

This initiative, revealed during the prestigious Web Summit Qatar 2025, is designed to encourage the adoption of international transfer services by eliminating transaction fees for customers. The campaign will run for six months.

Sheikh Abdulrahman bin Fahad bin Faisal Al Thani, Group CEO of Doha Bank, stated: "At Doha Bank, we are committed to delivering innovative and seamless financial solutions that enhance our customers' banking experience.

Our deepened collaboration with Mastercard reflects our dedication to digital transformation and financial inclusion.

By introducing free international transfers, we are removing barriers and making cross-border payments more accessible and cost-effective for our customers, reinforcing Doha Bank's position as a leader in digital banking."

Dimitrios Kokosioulis Deputy CEO of Doha Bank, remarked: "We are thrilled to enhance our collaboration with Mastercard through this new campaign.

By offering free international transfers, we aim to provide an even better experience for our customers as they utilize this innovative service."

J.K. Khalil, Division President, East Arabia at Mastercard, said: "Mastercard and Doha Bank share a commitment to simplifying cross-border payments and making them accessible to everyone in Qatar.

We are confident our latest joint campaign will make a significant contribution to driving the use of digital money transfer services in the country."

The Doha Bank app remains central to this rollout, offering a secure platform for customers to manage their international transactions seamlessly.

Mastercard Move is the technology company's comprehensive portfolio of money movement capabilities that powers a variety of payment experiences, including person-to-person payments, business payments, and disbursements.

Qatar Tribune