Doha Bank has introduced its new payment innovation feature offering residents of Qatar the option to make payments on mobile websites using an ATM or debit card.
The debit card payment gateway, which meets the safety standards mandated by the Qatar Central Bank, has been initially demonstrated with the bank’s trusted partner Q-Tickets movie ticketing platform and will accept debit cards issued by any bank in Qatar.
Since credit card penetration is low compared to debit/ATM cards in the region due to various eligibility factors, the service will benefit merchants facilitating the acceptance of payments from anywhere across the country.
Doha Bank head of retail banking Suresh Bajpai said: "Customers can now complete their mobile payments using their debit cards. People are rapidly adopting smartphones and tablets as their preferred medium of accessing the internet and making payments, and we believe in serving them through these channels.
"This service gives people of all income brackets the ability to purchase their tickets online, conveniently from wherever they are."
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By GlobalData