Doha Bank and Mastercard have entered a long-term strategic partnership. The bank says it will to maintain its leadership in customer service and innovative payment solutions. The move aligns with Doha Bank’s ‘Himma’ roadmap that aims to redefine how it operates and serves its clients.
Moreover, the agreement reflects the shared vision of the two parties to promote the adoption of digital payments.
In addition to expanding its business in cards and digital payments, Doha Bank will benefit from Mastercard’s expertise in the field of digital solutions to support the strategic transformation process at Doha Bank. The strategic partnership will also serve to consolidating the leading position of Doha Bank’s cards portfolio in the country.
Qatar National Vision 2030
“Doha Bank is committed to playing a pivotal role in achieving the objectives of the Third Financial Sector Strategic Plan as part of Qatar National Vision 2030. Our forward-looking partnership with Mastercard is a part of our continuous efforts to reshape the country’s payments landscape. This provides the best benefits and solutions to the various segments of our customers” said Sheikh Abdulrahman bin Fahad Al Thani, Group CEO, Doha Bank.
Dimitrios Dosis, President, Eastern Europe, Middle East and Africa, Mastercard, added: “At Mastercard, we are focused on driving payments innovation, accelerating digital transformation, and boosting financial inclusion across the globe. As one of the region’s most dynamic economies with a robust and positive outlook, Qatar is an integral part of our growth strategy. This long-term partnership with Doha Bank will be a key milestone for the country’s ambitious digital future as we help unlock new opportunities for its people.”
In recent years, Qatar has been actively pursuing digital transformation. This has been identified as a main driver of diversified economic development. The country has made significant investments in technology infrastructure. And it has launched several initiatives to promote the adoption of digital technologies in various industries, including the financial sector.
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