Commercial Bank to release 200,000 contactless credit cards in Qatar

Monday 2 April 2018 10:35 CET | News

Commercial Bank has announced that it will issue 200,000 contactless credit cards featuring new designs in Qatar in 2018.

After the launch of contactless debit card and the acquiring acceptance in November 2017, the Qatar-based bank has intensified the contactless acquiring functionality of its merchant network.

The bank will be going ahead with the issuing and acquiring of contactless cards in 2018 with approximately 200,000 contactless cards to be issued and more than 5,000 terminals accepting contactless cards to be installed at retail chains in Qatar by the end 2018.

Over 300 merchant outlets in Qatar already have Commercial Banks contactless POS ready for accepting contactless cards.

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Keywords: Commercial Bank, contactless credit card, debit card, Qatar, POS, payments, merchant, retail
Categories: Payments & Commerce | Cards
Countries: World
This article is part of category

Payments & Commerce