As part of QIB’s ongoing efforts to provide innovative digital solutions to empower our corporate customers, the Bank has launched an integrated Host-to-Host (H2H) Online Payment Management solution for its large corporate customers, in line with the Bank’s endeavours to automate and accelerate payment management experiences of its corporate clients with more ease, speed and safety.
With this new end-to-end digital payment solution, QIB is the first Islamic Bank that will allow corporate customers to submit their payments from their Enterprise Resource Planning (ERP) Systems automatically without any manual intervention at any time.
Key Benefits & Features:
- The new H2H Online Payment System offers an extra layer of security as all processed data is fully encrypted.
- H2H also allows corporate customers to keep track of their transactions, and to be up to date on the status of all their transactions 24/7 thru the Corporate Internet Banking.
- This solution is ideal for large corporates who process large volume of payments regularly.
- H2H solution will reduce the business efforts by at least 50% when processing bulk payments.
- It is an encrypted system between the Corporates’ own ERP System and QIB Corporate Internet Banking to process payments without manual intervention.
- H2H will eliminate any possible human error and it will fast track the payment process to reach their respective payees.
For more information, please contact your Relationship Manager