14/07/2025 06:20 AST

QIIB has entered into a strategic partnership with Visa, a global leader in digital payments, to roll out the cutting-edge 'Click to Pay' feature with biometric authentication.

As one of the first few banks in the Gulf Co-operation Council (GCC) to introduce this innovative solution, QIIB has underscored its dedication to advancing digital payment solutions in the region.

"The introduction of Visa's Click to Pay with biometric authentication highlights our commitment to pioneering digital innovation. Being among the first few issuer banks in the GCC to launch this feature, we are focused on delivering secure, seamless payment solutions for our customers. Our ongoing partnership with Visa enables us to integrate state-of-the-art technologies that enhance convenience while upholding the highest standards of security," said Khaled Abdul Rahman al-Shaibei, Head of Business Development Sector at QIIB.

The 'Click to Pay' feature is crafted to revolutionise the online shopping experience for QIIB Visa cardholders by simplifying the checkout process. Through a simple, one-time registration, users can employ a unique identifier, such as their email address or phone number, to swiftly complete transactions with participating merchants.

Integrated with Visa's payment passkey service, this solution leverages biometric authentication, eliminating the need for manually entering card details or one-time passcodes. This ensures a faster, more secure online payment process across all Internet-enabled devices.

Cardholders can seamlessly register for 'Click to Pay' via the mobile banking app, enjoying an uninterrupted digital payment journey. It utilises secure digital codes, replacing sensitive payment data with encrypted tokens, thereby safeguarding users' financial information and ensuring secure transactions across Internet-enabled devices.

Visa's passkey technology, built on FIDO (fast identity online) authentication standards, offers a robust and user-friendly method to verify identity using fingerprint or facial recognition. This advancement not only enhances security by reducing online fraud but also streamlines the checkout process, providing a seamless user experience.

"This collaboration with QIIB aligns perfectly with our mission to enhance security and improve customer experiences, in line with the digital commerce objectives of the Qatar government," said Shashank Singh, Visa's vice-president and general manager for Qatar and Kuwait.


Times of Oman

Fitch affirms QIIB's rating at 'A' with stable outlook

23/06/2025

Fitch Ratings has affirmed QIIB's Long-Term Issuer Default Rating (IDR) at 'A' with a Stable Outlook, highlighting the bank's continued strength across key financial and operational indicators.
<

The Peninsula

QIIB announces prize winners of Joud savings account May draw

18/06/2025

QIIB has announced the 10 lucky winners of the monthly prizes for its 'Joud' savings account, a unique product that offers customers opportunities to win a variety of cash prizes throughout the year,

The Peninsula

Moody's affirms QIIB's A2 long-term issuer ratings; outlook stable

12/05/2025

Moody's Investors Service has affirmed QIIB's A2/Prime-1 credit rating with a stable outlook, recognising the bank's sustained strong performance.

In its recent report on the bank's rating,

Gulf Times

Ticker Price Volume
QIIK Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
QIBK 22.45 -0.30 (-1.32%)
MARK 2.33 0.01 (0.43%)
CBQK 4.53 0.00 (0.00%)
QNBK 17.30 -0.12 (-0.69%)
ABQK 3.81 0.05 (1.32%)
Alba wins EcoVadis Platinum Rating for second year

14/07/2025

Aluminium Bahrain (Alba), the world's largest aluminium smelter on one site, has announced that it has secured the esteemed EcoVadis Platinum Rating certification for a second time.

The Ec

Trade Arabia

QNB Group: International expansion reflects growing presence in global markets

14/07/2025

QNB Group continues to capitalize on attractive growth opportunities in regional markets to reinforce its banking leadership across the region.

This is evidenced by the opening of new intern

The Peninsula

ACWA Power-led consortium signs $8.3bn deals for massive renewable energy push

14/07/2025

A Saudi consortium led by ACWA Power has signed agreements worth SR31 billion ($8.3 billion) to develop seven major solar and wind energy projects with a combined capacity of 15,000 megawatts, the Sa

Arab News

Dukhan Bank updates shareholder eligibility date for interim dividends

12/07/2025

Dukhan Bank (a Qatari public shareholding company) announced an update to the shareholders' eligibility date for interim dividends to July 16, 2025.

In a statement published on the Qatar Sto

QNA

Investcorp raises a ?240m fund to back Italian cybersecurity firm

11/07/2025

Investcorp, a leading global alternative investment firm based in Bahrain, today (July 10) announced the completion of the sale of a majority stake in leading Italian cybersecurity provider HWG Sabab

Trade Arabia