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May 16 2010

Pay your Qtel bills via QNB ATMs

Pay your Qtel bills via QNB ATMs
Over 270 payment terminals in Qatar including over 160 QNB ATMs
Doha, 16 May 2010 - Qatar National Bank ( QNB ) and Qatar Telecom ( Qtel ) are together offering the best alternative payment terminal network in the country for Pre- and Post-Paid Qtel customers.

QNB ATMs, which are among the most advanced in the country, now offer the same services available to Pre- and Post-paid customers at Qtel Self Service Machines.

Using any QNB ATM, both QNB and non- QNB customers can access a range of pre-paid services including HALA Pay As You Talk direct top-ups, Ebhar internet vouchers, Q-Cards for landlines and payphones, and Dawli vouchers for international calling.

In addition post-paid customers utilizing Qtel 's Shahry, mobile broadband and residential fixed line or Mozaic packages can pay their bills conveniently at the nearest QNB ATM.

This joint service has been launched in response to growing demand for large alternative payment channels that allow Qtel customers to utilize the services 24/7 and save time by avoiding long queues.

Instead, all Qtel customers can locate any QNB ATM in their vicinity and complete payments or pre-paid purchases within minutes while having their Qtel accounts credited instantly.

As part of the introductory campaign for this service, starting from 16th May until 15th June 2010, customers using QNB ATMs to access Qtel purchase or payment services will be automatically entered into daily prize draws for BlackBerry 9700.

All Qtel transactions carried out at a QNB ATM are instantly reflected in the user's Qtel account. This is supported by a unique agreement between the two to link their interfaces in real time.

QNB has offered, and will continue to offer, numerous Qtel services to customers using its ATMs as well as the Bank's online banking platform eazylife to complete Qtel bill payments or HALA top-ups.

In 2009, QNB became the first Bank to introduce real-time direct top-ups for Qtel customers, replacing the old system of issuing credit vouchers for HALA pre-paid customers, which however is also available to customers as an option.

This new extension of the service is the first in the country to offer cross-platform functionality in real time to Qtel users featuring all the services, benefits and security of a Qtel Self Service Machine, including free airtime Bonus Credits for each Hala top-up, proportional to the purchase.

QNB is also currently the only bank that offers these services to Qtel customers regardless of whether they use a QNB card or cards that have been issued by other banks, making it just as easy to complete these secure transactions at any QNB ATM or Qtel Self Service Machine.

-Ends-

About QNB
Qatar National Bank ( QNB ), established in 1964 as the country's first Qatari-owned commercial bank, has an ownership structure split between the Qatar Investment Authority (50%) and the private sector (50%).

QNB has steadily grown to be among the largest banks in the region and is by far the leading financial institution in the country, with a market share approaching 40% of banking sector assets.

QNB offers a full range of Retail, Corporate, Investment, Treasury, Wealth Management, and Islamic Banking products and services for individuals, corporate institutions and government entities in Qatar as well as internationally.

QNB has the largest distribution network in Qatar, comprising 44 branches and offices (including 3 mobile branches), in addition to 11 Islamic branches and offices operated by QNB Al Islami, and more than 160 ATMs.

QNB was the first conventional bank in Qatar to offer Shari'a-compliant banking products and services through QNB Al Islami, established in 2005.

QNB 's international presence is rapidly expanding to include new locations around the world to supplement the long established branches in London and Paris. Currently QNB has presence in 22 countries including branches in Yemen, Oman Kuwait & Singapore as well as Representative Offices in Iran & Libya. An Islamic branch was recently inaugurated in Sudan, offering a full range of Islamic banking services and products.

QNB has also extended its regional reach by acquiring shares in various financial institutions including 33.5% stake in the Jordan based, The Housing Bank for Trade and Finance (HBTF), 23.8% of the shares of Commercial Bank International (CBI) based in the United Arab Emirates (UAE), 50% of the Tunisian-Qatari bank and 20% stake in the Doha-based Al Jazeera Islamic Company. QNB also retains 49% stake in QNB -Syria, a private stock company established jointly with other Syrian private and public sector institutions which started operations mid November this year.

The Bank recently established a new investment company " QNB Capital" providing an array of investment banking services to corporate, government and institutional clients within Qatar and globally. These include one of the best corporate finance teams in the GCC region offering extensive transaction experience, in depth advisory services - including mergers and acquisitions, equity, debt and project advisory - as well as first-class research capabilities.

QNB is among the highest rated regional banks from leading credit rating agencies including Standard & Poor's, Moody's, Fitch, and Capital Intelligence. The Bank has also been the recipient of many awards from leading international specialized financial publications for its innovative products, services and remarkable performance.

QNB has an active community support program and sponsors various social, educational, and sporting events

For further information, please contact QNB 's Public Relations Department at (974) 4252477, Fax (974) 4252589, email: PR@qnb.com.qa or visit QNB 's website www.qnb.com.qa

© Press Release 2010


© Copyright Zawya. All Rights Reserved.


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