CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

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Huge demand for Ooredoo Mobile Money and Aldar Exchange service

Published: 24 Oct 2017 - 12:35 am | Last Updated: 02 Nov 2021 - 11:35 pm

The Peninsula

One month since the launch of a new partnership between Ooredoo Mobile Money and Aldar Exchange, Ooredoo has reported huge demand for the service in Qatar.
Since its launch, over QR1m remittance transactions have been made to thousands of banks in 11 countries. Using Ooredoo Mobile Money and Aldar, customers can send money directly from their mobile phones by using the Ooredoo Money wallet (mWallet) service to any bank account in selected international countries including: India, Bangladesh, Indonesia, Jordan, Nepal, Pakistan, the Philippines, and Sri Lanka.
The transactions are secure and reliable and can be made via the “Ooredoo Money” iOS and Android application, or USSD (*140#) service menu.
Ooredoo has reported some of the main reasons for the new services popularity is due to Aldar’s competitive fee and exchange rates, as well as the time-saving ability to send money directly from a mobile phone 24/7.
New customers can register for free by simply visiting any Ooredoo Shop, by dialling *140# and entering their QID number or through the free Ooredoo Money App. After registration, customers can create their own four digit secured mPIN code to access their mobile wallet securely. Ooredoo urges customers to keep their mPIN code safe at all the times and never share it with anyone.
Once registered, customers can begin to deposit money into their Mobile Wallet via over 200 Ooredoo’s Self-Service Machines, through any Ooredoo Shop, or even transfer funds to their mWallet from bank accounts in Qatar.