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Home Non Banking Currencies

Qatar National Bank (QNB) Debuts Convenient Multi-Currency Visa Card for Travelers

The Global Economics by The Global Economics
July 2, 2024
in Currencies, Banking, Digital, Top Stories
Reading Time: 2 mins read
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Qatar National Bank (QNB) Debuts Convenient Multi-Currency Visa Card for Travelers

Qatar National Bank (QNB) Debuts Convenient Multi-Currency Visa Card for Travelers (Source: depositphotos)

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Users can load several currencies into separate wallets on the card using QNB Mobile Banking, which allows them to load the card in Qatari riyals from their current or savings accounts

QNB launched the multi-currency travel visa card, an innovative payment option that allows transactions in five foreign currencies in addition to Qatari riyals.

The US dollar (USD), the euro (EUR), the British pound (GBP), the Swiss franc (CHF), and the UAE dirham (AED) are the five foreign currencies. Foreign exchange conversion fees associated with overseas card payments are eliminated with the card.

Customers who use the QNB multi-currency travel Visa card should expect “unparalleled” simplicity, security, easy payments, and cost savings.

According to a statement released by QNB yesterday, “it is set to transform how customers manage their funds while traveling abroad or making foreign currency online purchases, offering a worry-free experience.”

Users can load several currencies into separate wallets on the card using QNB Mobile Banking, which allows them to load the card in Qatari riyals from their current or savings accounts. This feature eliminates the need for users to carry cash or numerous cards when traveling.

Additionally, customers can enjoy transparent pricing with no hidden fees, secure transactions using cutting-edge technologies like Apple Pay, Google Pay, Samsung Pay, and 3D Secure, and competitive exchange rates that are locked in. All of these benefits are provided by the card.

The card can be used for both in-person and online transactions, and it is accepted everywhere by Visa’s network of more than 130 million merchants.

The card is available to all QNB customers who have a current or savings account and are signed up for QNB Mobile Banking.

“We are extremely proud to launch the QNB Multi-Currency Travel Visa Card that aims to enhance our customers’ payment and travel experiences,” stated Adel Ali al-Malki, senior executive vice president of QNB Retail Bank Group. This cutting-edge, yet useful, payment tool is made to provide the utmost in security and simplicity, enabling our customers to transact worry-free without having to carry cash, deal with many currencies, or pay unforeseen or hidden conversion costs.

“The QNB Multi-Currency Travel Visa Card is a great example of innovation meeting market needs and ultimately creating tangible value for consumers,” stated Shashank Singh, vice-president of Visa and general manager for Qatar and Kuwait.

The international character of Qatari consumers means that they deal with multiple currencies when they travel or shop online, thus making this experience simple and safely is essential. We are happy to collaborate with QNB Group in order to provide this cutting-edge technology to Qatar and increase the number of consumers and businesses that may profit from digital payments.”

Source: Short URL
Tags: GooglekuwaitqatarQNBuae
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The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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