Doha, Qatar – December 3, 2024: Doha Bank, one of Qatar’s leading financial institutions, has announced a groundbreaking partnership with Mastercard to introduce Mastercard Move, making it the first bank in the country to launch this innovative payment solution. This strategic collaboration underscores Doha Bank’s commitment to digital banking excellence, delivering seamless, secure, and efficient international money transfer services.
Mastercard Move is a cutting-edge solution enabling banks, non-bank financial institutions, and direct disbursers to facilitate fast and secure money transfers—both domestically and internationally. Doha Bank customers can now enjoy access to a range of streamlined cross-border payment services tailored to meet their evolving needs, all integrated within the bank’s advanced digital banking platforms.
Speaking on the occasion, Abdulrahman Fahad Al Thani, Group CEO at Doha Bank, stated:
“As the first bank in the country to introduce Mastercard Move, we are proud to offer our customers a superior digital banking experience that empowers them to effortlessly connect with global economies.”
Doha Bank’s collaboration with Mastercard ensures faster, more traceable, and highly reliable international payments. This initiative aligns with the bank’s vision to lead in innovation and deliver customer-centric solutions.
Dimitrios Kokosioulis, Deputy Chief Executive Officer at Doha Bank, remarked:
“At Doha Bank, we are continuously striving to meet the evolving needs of our customers. Our collaboration with Mastercard enables us to offer faster, more traceable, and highly reliable cross-border payment services, reflecting our commitment to providing the most comprehensive and innovative banking solutions in Qatar.”
Mastercard’s leadership in payment technologies further strengthens this partnership. JK Khalil, Division President, East Arabia, Mastercard, highlighted:
“In today’s interlinked, growing digital world, it is imperative that financial institutions offer solutions that cater to the diverse banking needs of customers with connections across many countries. Our cross-border services are designed to offer secure, reliable, and straightforward international payments, and we’re delighted to partner with Doha Bank to bring this convenient solution to Qatar.”
This initiative reinforces Doha Bank’s position as a pioneer in digital banking and its commitment to customer satisfaction. By adopting Mastercard Move, the bank directly addresses the increasing demand for fast, reliable, and secure international payment solutions, empowering individuals and businesses to thrive in the global economy.
