Wallets/zaintel-iraq

Zain Cash Iraq

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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 [1, iq-cro].

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: [[asia-hawala]] (AsiaHawala Iraq; Asiacell Iraq mobile money) + [[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 [1, 2].

Sources

1 Zain Cash — official
2 Zain — Wikipedia
iq-cro In-corpus: reports/countries/IQ-iraq.md

Source

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