Ahlibank has launched ‘Fawran’, an instant payment service available through the bank's online banking and mobile banking. This service is part of the leading and innovative initiatives in digital payment and transfer operations in Qatar in Qatari Riyals, aimed at enhancing the banking experience.
Developed by Qatar Central Bank, this service reflects significant progress in Qatar's digital payment systems infrastructure, seamlessly aligning with the Third Financial Sector Strategy and heralding a new era in banking characterized by flexibility and ease of access to banking services.
Commenting on Fawran launch, Mohamed al-Namla, Ahlibank Deputy CEO (Business Support, Services & Human Resources) stated, "Fawran Instant Payment Service represents a significant milestone in our ongoing commitment to providing innovative financial solutions that cater to the evolving needs of our customers. As we embrace this transformative initiative, we are proud to join hands with Qatar Central Bank to introduce a service that revolutionises the way individuals transact, offering unparalleled speed, convenience, and accessibility. At Ahlibank, we are dedicated to driving positive change in the financial landscape, and Fawran exemplifies our unwavering dedication to delivering excellence in banking services."
In today's fast-paced world, convenience and efficiency are paramount when it comes to financial transactions, as emphasised. Al-Namla said, "Gone are the days of waiting for transactions to process or dealing with complicated transfer processes. With Fawran, customers can send money to friends and family with just a few taps on their smartphone."
Key features of Fawran are instant transactions, alternative identifiers and round-the-clock accessibility. Al-Namla elaborated: “With Fawran Instant Payment Service, users can experience a seamless and hassle-free banking experience like never before. We are glad to invite our clients to join us in embracing the future of finance with Fawran Instant Payment Service – where speed, simplicity, and security converge to redefine the banking experience in Qatar.”
Ahlibank said it remains steadfast in its commitment to enhancing the banking experience for its customers and continues to provide innovative financial solutions that streamline processes and elevate customer satisfaction. More information about Fawran and its features can be had from www.ahlibank.com.qa.
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