Payment methods in Iraq
Iraq offers 6 payment solutions tailored to local market preferences and regulatory requirements.
Market takeaways
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Market KPIs
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Payment method breakdown
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Card scheme breakdown
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Cross-border e-commerce
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Featured payment methods in Iraq
Popular options based on coverage and prominence in this market.
AsiaHawala
First mobile money service offering stored-value accounts for transfers, bills, and shopping
NassWallet
Mobile wallet processing >$1bn transactions and distributing aid via biometric payments
First Iraqi Bank
Mobile bank solution with local/international gateways; merchants onboard via contracts
NeoPay
App issuing virtual and physical prepaid cards; processed $400m in 2023
FastPay
Mobile wallet for deposits/withdrawals, recharge, online shopping and transfers
Zain Cash
Mobile wallet linked to user's SIM; 1.2M downloads and 10,000 agents
All payment methods in Iraq
Discover 6 payment methods from around the world
Featured banks in Iraq
Major institutions operating in this market.
Ahli United Bank (AUB) Bahrain
Manama, Bahrain
Ahli United Bank is Bahrain's largest bank, now part of Kuwait Finance House, offering retail, corporate, and Islamic banking across the GCC and UK.
Rafidain Bank Iraq
Baghdad, Iraq
Rafidain Bank is Iraq's largest and oldest state-owned bank, offering retail and corporate banking.
Other Banks — Iraq
Baghdad, Iraq
Aggregate of remaining banks in Iraq, collectively ~80.0% of domestic banking assets.
All banks in Iraq
Showing 3 of 3 banks
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