Commercial Bank (CBQ) has been one of Qatar's long-standing & pioneer banking service providers for personal, SME and Corporate customers. Innovative services, high security, up-to-date digital transformations, a customer-centric approach and many more reasons have made Commercial Bank one of the chosen banks here.
Being one of the early adopters of the new digital payment service, CBQ has always supported changing Qatar’s payment eco structure and influencing the payment behaviour of the customer in a seamless transition to cashless payments. CBQ’s continued investments in future-proof technologies have paved the way to prepare for one of the greatest sporting events in 2022.
Ensuring payment ease and convenience and, most of all safety is paramount, and CBQ started the journey in 2018 by redefining the payment ecosystem in Qatar by launching contactless payments. CBQ customers with Android devices are able to pay using mobile phones, and today CBQ cards are tokenized on Apple Pay, Google Pay, FitBit & Garmin Pay and Samsung Pay Wallets.
The ILoveQatar.net (ILQ) team is here to give more insight into Commercial Bank's digital services and how they have greatly contributed to the era of digital banking.
The demand for alternate payment services and digital payments was high during the pandemic time. CBQ was one of the first banks to identify market needs and fast-paced solution developments to provide customers with a hygienic transaction experience.
Commercial Bank makes banking for its customers seamless by ensuring they have the most convenient end-to-end digital experience. Starting with the introduction of biometric authentication, which makes accessibility quick and easy, to self-service options or services on demand.
The banking services that customers can access digitally are extensive and comprehensive, ensuring their needs are met. The payment services include contactless cards, digital wallets like Apple Pay, Samsung Wallet, Google Pay and even payment through wearables like Garmin Pay and Fitbit Pay.
Commercial Bank considers the convenience of customers and offers optimum services to merchants when it comes to digital payments.
Services like CB Paylink make transactions easy for merchants by allowing them to receive payments through an SMS link-based payment in a safe and secure manner.
Another innovative merchant service is the Virtual POS solution; a merchant will only require a smartphone without an actual machine to accept card transactions.
Aside from the many typical day-to-day banking services that Commercial Bank offers, they also offer distinctive services that cater to customers' needs. Be it an easy bank account opening or youth banking services, the options are many.
The CB Instant Account allows customers to apply for an account via their mobile phone. They will have to submit the required documents, once done, they should be able to receive their bank account number and details within five minutes.
CB Arriving Expat Accounts is a product of a partnership with Qatar's offshore visa issuing centres across the globe. The service allows expatriates to open a Commercial Bank account once their immigration formalities are complete and before they arrive in Qatar.
Sadara Youth is an exclusive youth banking program targeting Qatari customers between 18 and 25 years old. It aims at rewarding youth customers through the mobile banking application.
These numerous digital services that Commercial Bank offers are a contribution to the economic and social development aspect of Qatar’s National Vision for 2030.
Do you bank with Commercial Bank? Did you know about all their services? Do let us know in the comments below. So share this article - it keeps us going!
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