Asiacell, QiCard & Digital Zone join forces to reshape digital payments in Iraq
By Leandra Monteiro
Asiacell the telecommunications giant collaborates with FinTech Qi and innovative platform Digital Zone to revolutionise digital payment solutions, bringing secure and convenient options to businesses and individuals in Iraq.
Asiacell, Iraq’s telecommunications giant officially announced its strategic alliance with Qi, Iraq’s 360-degree financial services provider and one of the largest FinTech companies in Iraq. This partnership aims to offer Asiacell’s customers a seamless, secure digital payment experience, fundamentally transforming how transactions are carried out in Iraq.
The collaboration, which is powered by Digital Zone, a technology solutions company, will enable Asiacell’s products and offers to be smoothly integrated within Digital Zone’s and Qi applications. This integration will empower millions of Asiacell and Qi’s shared customers to carry out purchases using their Qi payment cards seamlessly. This secure and easy-to-use, cashless payment solution promises a smooth retail experience, fostering financial inclusion, and contributing significantly to the metamorphosis of Iraq’s digital economy.
Chra Hussain, CCO of Asiacell said, “At Asiacell, we’re devoted to leading the digital revolution in Iraq, offering our customers state-of-the-art technology and financial services. Our partnership with Qi signifies a monumental stride in our journey. By integrating our offerings with the Qi app, we’re facilitating our customers to enjoy effortless digital transactions and superior convenience. This collaboration stands as a testament to our commitment to fuelling the fintech scene in Iraq and contributing to the nation’s overall socio-economic development”.
“Asiacell’s commitment to innovation and customer satisfaction aligns perfectly with Qi’s mission. Our collaboration represents a significant leap forward toward a digital economy in Iraq. Both our companies spent years developing their portfolio of services, and this collaboration allows us to integrate some of these services and offer our customers a new type of seamless digital experience, and collaborate to work together to develop new products to serve SMEs to help Iraq’s entrepreneurs and business owners grow their businesses,” said Luay Al-Obaidi, Chief Commercial Officer of Qi Group.
“Digital Zone has always been committed to enhancing the user experience. This collaboration with Asiacell allows us to offer our customers a seamless, integrated solution for their digital payment needs, enriching their digital lifestyle and contributing to the digital transformation in Iraq,” shared Saif Al-Mufti, Founder and Managing Director of Digital Zone.
IBSi Daily News Analysis
September 27, 2023
Looming data compliance issue still haunts FinTechs, research revealsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage