A- Refer to Annex No. (3) = IBS (28/1). In case of any violation, a financial penalty shall be imposed.

B- With reference to the previous instructions on the smart card standard application please check that ATMs and points of sale (POS) machines are compatible with EMV standards.

QCB has noted that some machines compatible with EMV system are switching the transactions that should be locally settled to other networks such as “VISA Electron”.

Therefore, the difference in amounts resulting from the above-mentioned transfers shall be debited from the bank owning such machines.

C- With reference to the previous instructions on finalizing EMV standard application, and to Article No. (216) of the Law of the QCB, all banks operating in the State of Qatar should comply with the following: All ATM cards must be replaced by Debit Cards with Smart Chip compatible with EMV requirements, and distributed to all customers, with no exceptions.

D- EMV Approval Systems