Qi Card Iraq

Overview

Qi Card Iraq is Iraqi fintech payment processor + prepaid card scheme + Rafidain Bank + Iraqi government salary payments distribution agent + Iraq's largest fintech payment processor handling Iraqi government pension + salary payments + ~8M+ Qi Card holders ^{1, Iraq report}.

History

2008 — International Smart Card Company ISC founded in Baghdad Iraq as Rafidain Bank + Iraqi government salary payments distribution agent distinctive Iraqi fintech heritage as Iraq's first electronic payment infrastructure for Iraqi government salaries + pensions.

2014 — Qi Card Mobile app launch.

Ownership & operator

Operating entity: International Smart Card Company ISC dba Qi Card (Iraqi fintech payment processor + prepaid card scheme).

Major shareholders: Iraqi private investors + Rafidain Bank partnership.

Regulators: Central Bank of Iraq CBI.

Technical integration

Qi Card mobile app (iOS + Android; ~8M+ Qi Card holders) + qi.iq online + Qi Card POS + ATM network across Iraq (Iraq's largest fintech payment processor + prepaid card scheme handling Iraqi government pension + salary payments for ~8M+ Iraqi citizens) + Qi Visa + Mastercard cards; EMVCo QRCPS QR payments + Iraqi Dinar IQD domestic transfers.

Implementations & partners

Major Iraqi banking + payments competitors: Rafidain Bank (Rafidain Bank; Qi Card primary commercial banking partner) + Rasheed Bank (Rasheed Bank) + Trade Bank of Iraq (TBI) (Trade Bank of Iraq TBI) + Bank of Baghdad (Bank of Baghdad) + Zain Cash Iraq (Zain Cash; Zain Iraq mobile money) + AsiaHawala (AsiaHawala Iraq; Asiacell Iraq mobile money).

Regulators: Central Bank of Iraq CBI.

Status

Active, Iraqi fintech payment processor + prepaid card scheme + Rafidain Bank + Iraqi government salary payments distribution agent + Iraq's largest fintech payment processor handling Iraqi government pension + salary payments + ~8M+ Qi Card holders ^{1, 2}.

Sources

• 1 Qi Card — official
• 2 Qi Card — Wikipedia
• ^{Iraq report} In-corpus: reports/countries/IQ-iraq.md

Source

Biography extracted from qi-card-iraq.md. See matrix.md for standards-support matrix if present.