Asiacell, QiCard, and Digital Zone Join Forces to Reshape Digital Payments in Iraq’s Telecom Industry

Asiacell the telecommunications giant collaborates with Leading fintech Qi and innovative platform Digital Zone to revolutionize digital payment solutions, bringing secure and convenient options to businesses and individuals in Iraq.

Asiacell, Iraq’s foremost telecommunications giant, known for its pivotal role in the nation’s digitalization efforts, officially announced its strategic alliance with Qi, Iraq’s premier 360-degree financial services provider and the largest FinTech company in Iraq, at a public ceremony in Grand Millennium Sulaimani. This ground-breaking partnership aims to offer Asiacell’s customers a seamless, secure digital payment experience, fundamentally transforming how transactions are carried out in Iraq.

Asiacell and Qi have consistently been at the forefront of the digital transformation in Iraq, investing substantially in infrastructure and services to boost their offerings, both companies were able to emerge as significant forces in the digitization movement thanks to Asiacell’s connectivity and top-tier nationwide internet access, and Qi’s unparalleled financial inclusion achievements. And with both companies serving millions of users across Iraq, many of whom are shared, and with the recent surge in acceptance of digital payment solutions in Iraq, Asiacell and Qi, through this strategic alliance, are ideally poised to be at the forefront of this expansion setting an example for other players in their respective industries.

This synergistic 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, shared his excitement about the partnership, stating, “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”, remarked Saif Al-Mufti, Founder and Managing Director of Digital Zone.

Digital Zone represents an integral part of this collaboration and will be pivotal in facilitating the smooth integration of Asiacell’s offerings. Leveraging their proficiency in digital solutions, digital goods, and customer experience. Digital Zone will ensure a seamless and enriched user experience.

“Finally, the signing ceremony for the partnership between Asiacell and Qi, which comes in alignment with the governmental instructions from the Central Bank of Iraq (CBI), the Communications and Media Commission (CMC), the Ministry of Finance, and the Ministry of Communications (MoC), serves as an affirmation of both organizations’ commitment to reinvent the digital payments landscape in Irag and foster the growth of the fintech sector.”