PayCard is a simple, smart and secure payment solution that helps streamline your payroll processing.
It has been designed to replace the payment of wages by cheque and cash. It is recommended as a cost efficient and cost-effective way to pay employees who earn salaries below QAR 4,000/-
Benefits for Corporates
- Simplifies payroll disbursement process
- Ensures 100% direct deposit even for employees having no bank account
- Providing ideal solution for companies and ensures 100% salary deposit even for employees with no bank account
- Eliminates the administration cost, printing and distribution
- of cheques / cash
- Frees management staff from cash/cheque handling
- Helps in providing value added benefits to employee
Benefits for Employees
- Immediate availability of funds
- Ease of use, safe, convenient & better money management
- Worldwide acceptance (MasterCard PayCard)
- ATM service - 24/7
- Shop and pay for goods and services
- Card blocking and reissue for lost or stolen cards
- 24/7 Cash deposit facility
- Mini statements at ATMs
- Remittance facilities through mobile/CB ATMs enabled
Registration StepsTo enroll to our payroll program
- Sign up an agreement with us for the payroll program. The agreement can be collected from our PayCard customer service section, D Ring Road branch – Ground floor, D Ring Road, Doha-Qatar.
- Appoint officials for correspondence with the Bank on behalf of Employees.
- Fill up the
Contact Details Form
- Provide Employees details in the
New PayCard Opening Format
If you have already registered for Corporate Internet Banking, you can upload your employee details to create new PayCards from your end
Hope this information addresses your enquiry. If you require further clarifications on our payroll program, please do not hesitate to contact us on
paycard@cbq.qa.