Doha Bank and Visa Award Prizes to 100 Cardholders

Press Release

Doha Bank and Visa announced the completion of their latest promotion which saw cash prizes being awarded to 100 lucky winners who used their Doha Bank Visa debit and credit cards outside Qatar in foreign currency between 01 March and 30 April 2015. QR 1,000 spent overseas at merchant locations or ATM counters earned customers one chance in the mega draw.

Mr. Suresh Bajpai, Head of Retail Banking at Doha Bank, said: “This partnership between Doha Bank and Visa to award prizes was an added-value campaign initiated to reward customers for their transactions abroad. We hope the cash prize (equivalent to an air ticket) will help support the winner’s future overseas travel plans this Eid season as well as reinforce their trust in Doha Bank’s commitment to provide additional tangible benefits for our customers.”

Mr. Bajpai continued: “Doha Bank is the number 1 issuer of Visa cards in Qatar. Visa Electron debit cards are accepted at over 1.8 million ATMs and even more retail points of sale in over 200 countries around the world, making it an ideal partnership for the Bank and we are confident that together we will be able to offer our customers more such offers and promotions in the future. Doha Bank congratulates each of the 100 winners on this occasion.”

Rahul Joshi, Visa Country Manager – Qatar, said: “The payments industry in Qatar is at an exciting crossroads, as the nation sees widespread acceptance of electronic payments, faster than ever before. According to 2014 results from VisaNet, our global payments processing network, one out of every three dollars spent on a Visa credit card issued in Qatar is spent internationally, which means the appetite for cross-border payment solutions is also high among Qatari consumers. Enabling such solutions is a top priority for Visa, and we commend Doha Bank for complementing this vision through a rewarding travel-focused campaign.”

Each winner received a sum of QR 2,000 which was credited directly into their accounts on completion of the draw which was held on 17 June 2015 at the Doha Bank Tower in the presence of officials from the Ministry of Business and Trade.