Doha Bank, Mastercard Move Launch Cross-Border Payment Services

Doha Bank has announced its partnership with Mastercard to be the first bank in Qatar to launch Mastercard Move.

The collaboration is aligned with Doha Bank’s mission to lead in digital banking innovation, providing customers with seamless, secure, and convenient ways to manage their international payments.

Mastercard Move provides banks, non-bank financial institutions, direct disbursers, and their customers with a fast, secure money transfer solution, both domestically and internationally.

As part of this initiative, Doha Bank customers will gain access to a wide range of quick and easy international money transfer services, tailored to meet their diverse needs and preferences. 

With the enhanced security and peace of mind that come with this partnership, Doha Bank customers in Qatar can now send funds worldwide, all through Doha Bank's advanced digital banking platforms.

Sheikh Abdulrahman bin Fahad bin Faisal al-Thani, Group CEO of Doha Bank, said: “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.”

Dimitrios Kokosioulis, deputy CEO at Doha Bank, said: “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, which reflects our commitment to providing the most comprehensive and innovative banking solutions in Qatar.”

JK Khalil, division president, East Arabia, Mastercard, added: “In today's interlinked, growing digital world, financial institutions must 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, straightforward international payments in a variety of ways, and we’re delighted to partner with Doha Bank to bring this convenient solution to Qatar.”

Doha Bank is one of the largest commercial banks in Qatar, committed to delivering innovative banking solutions and financial products that serve the diverse needs of its customers.

With a focus on digital banking, the bank continues to lead the industry by offering cutting-edge services that empower individuals and businesses to achieve their financial goals in a fast-evolving global economy. 

Doha Bank’s adoption of Mastercard Move directly addresses consumers' expectations for faster international payments, reinforcing the bank’s commitment to customer satisfaction and technological leadership.