Qatar Cool has partnered with Commercial Bank for the payment of utility bills by Direct Debit, for the “first time in Qatar”.
With Direct Debit through Commercial Bank, Qatar Cool will be able to offer its customers an alternative payment channel that comes with a range of benefits, according to a press statement.
Direct Debit helps Qatar Cool customers save money as there are no charges for missing payments and only a one-time payment setup is required. It offers benefits to Qatar Cool as well, through automation of their receivables, a paperless payment collection process and timely payments with fewer outstanding debtors.
Speaking at a signing ceremony held at Commercial Bank Plaza to mark the partnership, Commercial Bank CEO Joseph Abraham said: “Commercial Bank is proud to partner with Qatar Cool and to be entrusted with providing the option of Direct Debit payments for greater customer efficiency and convenience. Commercial Bank is the first bank in Qatar to offer Direct Debit to any utility company, and through our end-to-end and customised cash management solutions, Commercial Bank has built strong relationships with corporates.”
Yasser Salah al-Jaidah, CEO of Qatar Cool, appreciated the partnership with Commercial Bank and said: “We are continuously striving to enhance the services we offer to our customers and believe that this new partnership with Commercial Bank is a major step forward in easing the settlement of cooling bills.”
Commercial Bank and Qatar Cool officials mark the partnership.
