# Qi Card Iraq

> Source: https://docs.barcoder.ai/docs/wallets/qi-card-iraq
> research date 2026-06-01 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Qi Card — official](https://www.qi.iq/)

## 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** <sup>[1][1], [Iraq report](https://docs.barcoder.ai/docs/payments/IQ)</sup>.

## 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](https://docs.barcoder.ai/docs/wallets/rafidain-bank) (Rafidain Bank; Qi Card primary commercial banking partner) + [Rasheed Bank](https://docs.barcoder.ai/docs/wallets/rashid-bank-iraq) (Rasheed Bank) + [Trade Bank of Iraq (TBI)](https://docs.barcoder.ai/docs/wallets/iraq-trade-bank) (Trade Bank of Iraq TBI) + [Bank of Baghdad](https://docs.barcoder.ai/docs/wallets/bank-of-baghdad) (Bank of Baghdad) + [Zain Cash Iraq](https://docs.barcoder.ai/docs/wallets/zaintel-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** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.qi.iq/ "Qi Card — official"
[2]: https://en.wikipedia.org/wiki/Qi_Card "Qi Card — Wikipedia"
[iq-cro]: https://docs.barcoder.ai/docs/payments/IQ

- [1] [Qi Card — official][1]
- [2] [Qi Card — Wikipedia][2]
- <sup>[Iraq report](https://docs.barcoder.ai/docs/payments/IQ)</sup> In-corpus: `reports/countries/IQ-iraq.md`

## Source

Biography extracted from [qi-card-iraq.md](https://docs.barcoder.ai/source/wallets/qi-card-iraq). See `matrix.md` for standards-support matrix if present.