Qatar Islamic Bank (QIB) has launched the first fully-integrated postal delivery Point of Sale (PoS), in partnership with Qatar Post and with QPay, the leading Qatar-based FinTech company offering a wide portfolio of electronic payment solutions.

Using the new, state-of-the-art PoS device, this new QPay payment solution allows customers to make cashless payment on delivery when receiving parcels and other mail items: a super convenient and safe method of payment for all Qatar Post customers.

The smart PoS allows Qatar Post’s delivery driver to know precisely the exact customer details for each delivery, including the total amount to be collected, by simply scanning the item using the QPay devise, which has been fully integrated with Qatar Post back end tracking system. Customers are given an option to pay by simply tapping their contactless bank cards on the PoS.

Commenting on the announcement of the new solution, Tarek Fawzi, QIB’s Wholesale Banking Group General Manager said:

“We are very proud to announce that this service will provide an easy, convenient and efficient solution to one of the biggest customer base in Qatar for a cashless mobile service for all users and clients. The digitize billing, and mobile scanning instrument offers an on-the-spot solution that meets Q-Post requirements with speed and safety which I am confident will pave the way to similar service to other government and private sector companies which is in tandem with the countries direction to digitalize all services with the ultimate objective of having a cashless economy.”

Source The Peninsula