# Zain Cash Iraq

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

Specifications:
- [Zain Cash — official](https://www.zaincash.iq/)

## Key details

- **Markets:** Kuwait

## Overview

**Zain Cash Iraq** is **Iraqi mobile money + fintech service** + **Zain Iraq KWSE: ZAIN Kuwaiti telecom parent subsidiary** + **Central Bank of Iraq CBI-licensed mobile money operator** + **one of Iraq's leading mobile money services for Iraqi unbanked + underbanked population** <sup>[1][1], [Iraq report](https://docs.barcoder.ai/docs/payments/IQ)</sup>.

## History

**2015 — Zain Cash Iraq founded in Baghdad Iraq as Zain Iraq KWSE: ZAIN Kuwaiti telecom parent's Iraqi mobile money service** distinctive Iraqi mobile money heritage.

## Ownership & operator

**Operating entity**: **Zain Cash Iraq** (Iraqi mobile money + fintech service).

**Major shareholders**: **Zain Iraq (Zain Group; KWSE: ZAIN; Kuwaiti telecom parent) ~100%+ controlling**.

**Regulators**: **Central Bank of Iraq CBI + Iraqi Communications and Media Commission CMC**.

## Technical integration

Zain Cash mobile app (iOS + Android) + USSD short code + agent network across Iraq + Zain Iraq telecom retail outlets + Zain Cash merchant QR payments; EMVCo QRCPS QR payments + Iraqi Dinar IQD domestic transfers.

## Implementations & partners

**Parent group**: Zain Group (Zain Group; KWSE: ZAIN; Kuwaiti telecom multinational; operates across Kuwait + Iraq + Saudi Arabia + Jordan + Lebanon + Bahrain + South Sudan + Sudan + Morocco).

**Major Iraqi mobile money + payments competitors**: AsiaHawala (AsiaHawala Iraq; Asiacell Iraq mobile money) + [Qi Card Iraq](https://docs.barcoder.ai/docs/wallets/qi-card-iraq) (Qi Card; Iraq's largest fintech payment processor handling Iraqi government pension + salary payments; ~8M+ Qi Card holders).

**Regulators**: Central Bank of Iraq CBI + Iraqi Communications and Media Commission CMC.

## Status

**Active, Iraqi mobile money + fintech service + Zain Iraq KWSE:ZAIN Kuwaiti telecom parent subsidiary + Central Bank of Iraq CBI-licensed mobile money operator + one of Iraq's leading mobile money services for Iraqi unbanked + underbanked population** <sup>[1][1], [2][2]</sup>.

## Sources

[1]: https://www.zaincash.iq/ "Zain Cash — official"
[2]: https://en.wikipedia.org/wiki/Zain_Group "Zain — Wikipedia"
[iq-cro]: https://docs.barcoder.ai/docs/payments/IQ

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

## Source

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