Vodafone Qatar’s iPay program provides cashback on international transfers
The iPay program by Vodafone Qatar, which is accessible to all consumers in Qatar, is offering a cashback deal to customers using the e-wallet application. Vodafone iPay cashback
Customers can enjoy a USD 2.75 instant and guaranteed cashback on every transaction when sending money abroad thanks to the e-wallet application, which is accessible to all consumers in Qatar.
The goal of the cashback deal, which was developed in partnership with remittance partner Gulf Exchange, is to increase foreign transfers through digital channels in line with the Qatar Central Bank’s ambition to have a cashless society by 2030.
iPay’s value proposition to customers Vodafone iPay cashback
Vodafone Officials from Qatar said that iPay supports Qatar’s efforts to transform its economy into one that is more digitized as well as the Qatar Central Bank’s goal of reaching a cashless society by 2030. Vodafone has responded to the growing need for affordable digital fintech solutions, a pattern that was noticed globally in 2020 and has gained importance since then. It also fits into the organization’s larger digital transformation plan for Qatar, which aims to provide customers with quick and effective support through cutting-edge self-service technologies.
iPay is operator agnostic, making it available for all consumers in Qatar, regardless of their telecom service provider. The e-wallet application enables customers to conduct secure transactions with friends and family anywhere in the world. Customers can register through the iPay application, available on Apple and Google Play stores, in less than 60 seconds and conduct fast and secure local and international remittances with friends and family, instant merchant payments at their favorite outlets, and select utility payment services.
In strategic partnership with the Commercial Bank of Qatar, Gulf Exchange, and Paytm, iPay provides customers direct access to instant local transfers to all banks and wallets under the Qatar mobile payment network, as well as international remittance and merchant payments.
From 2 March 2023 through 19 April 2023, all customers will have access to the cashback deal. Customers only need to transfer money overseas to loved ones using iPay to take advantage of the promotion.
Cashback programs in the Middle East
Cashback programs have become increasingly popular in recent years as a way for companies to incentivize customer behavior, increase customer loyalty and drive sales. Some examples of telecom operators that have offered cash back programs in the Middle East include Etisalat, Ooredoo, and Zain.