Posted on June 13, 2019

1 year of launching its new contactless technology, Commercial Bank, Qatar’s first private bank, has successfully reached over 1 million taps, made by its customers using their contactless cards at their favorite local and international outlets. Launched in 2018, the contactless feature was well received by the bank’s customers and it took approximately six months for the Bank to announce amilestone of 100,000 taps in August 2018. 

Tap N’ Pay, a contactless payment service provided by Commercial Bank, is a much simpler, faster and convenient method of payment by merely tapping debit or credit card against the reader in order to complete payments and transactions. What makes this feature even more exceptional is that it does not require the Card PIN for purchases worthless than QAR 100. Nevertheless, a PIN Code is required whenever the amount exceeds QAR 100. Not only is it simple, fast and convenient, but Tap N’ Pay is also a safe payment method thanks to the multiple security layers the Contactless Cards are equipped with.

“Contactless is the future of card payment,” said Commercial Bank’s AGM and Head of Cards & Payments, Roya Khajeh. “Day by day, we are witnessing an increased number of customers adopting this new, simple and fast technology, while steering away from cash to Contactless Debit and Credit Cards. Speaking of Commercial Bank’s latest milestone,Ms Khajeh commented “We are delighted to see how interested customers are in this technology, and excited about watching this number increase further this year. This achievement would not have been possible without the trust of our loyal customers. The future awaits and we are surely on the right path.”