Posted on March 09, 2011

IBQ has recently announced the launch of its new online security service, the "IBQ Card Secure", in association with Verified by Visa and MasterCard SecureCode online authentication systems. The IBQ Card Secure service is designed to offer customers further protection while shopping online with IBQ credit cards.

The IBQ Card Secure service is free of charge to all IBQ credit cardholders and registration to the service is available through a dedicated portal on the bank’s website. Once registered, customers will be able to verify all their online transactions using a password when shopping online at participating merchants.

To mark the launch of the new service, IBQ is also running a special promotion for its Visa credit cardholders, IBQ Visa Platinum and IBQ Visa Infinite, who register for the service before 10 April 2011. Visa credit cardholders will be eligible to purchase a range of iPads at exclusive prices. The promotion which is offered in association with Verified by Visa and the online store, provides free shipping and delivery to any address in Qatar in two working days.

Philip King, Head of Retail Banking at IBQ said: "It is no surprise that there is enormous interest in e-commerce as more traditional retailers are able to offer services online. In addition, the infrastructure required to facilitate online and mobile commerce are becoming a reality as high-speed broadband and mobile technologies become more and more integrated into society."

"Online spending is increasing exponentially and it is only natural for us at IBQ to look at the best online shopping service experience for our customers particularly when it comes to safety. Our partnership with Verified by Visa and MasterCard SecureCode provides our customers with further safety and fraud protection when shopping online. IBQ credit cards currently offer the highest rewards in the market place making them the credit cards of choice in Qatar. We are committed to ensure that they are also the safest whether they are used for traditional or online transactions. "Added King.

IBQ's premium range of credit cards includes the IBQ Gold MasterCard, the IBQ Visa Platinum and the IBQ Visa Infinite. This range is supported by a full retail banking platform at IBQ including the Call Centre, online banking and SMS banking.

Each of the cards has been designed to complement IBQ customers' individual lifestyles and offers a range of exclusive benefits and features such as IBQ's unique 5 per cent Cash Back on all purchases.