PayCard

PayCard is a superior payment solution that helps to streamline payroll processing.

PayCards are designed to replace the payment of wages by cheques, cash and the traditional bank account and is recommended as a cost-effective way to pay employees who earn salaries below QAR 4,000

  1. The company signs an agreement with Commercial Bank and provide their employees’ details in a specified format in order to issue them with a PayCard.
  2. At regular agreed intervals, the company instructs the Bank on the amount of salary to be posted to each employee’s account.
  3. Bank credits the salary to the employee’s PayCard and deducts the same from company account.
  4. Employees can then use PayCard to withdraw cash or use it for purchases at merchant outlets.

Terms & conditions apply

For more information please click on the link below

Terms and Conditions