Mobile money services were first launched in the region in Somalia in 2009, and there are now 20 live services in 10 markets. This is the second mobile money service to be launched in Iraq, following the introduction of AsiaHawala by Asiacell (Ooredoo) in January 2016 (also licenced by the CBI). Mobile for Development. ConnectedOver 12, 000 farmers in Iraq will receive funds to restart or expand agricultural activities via a new mobile money transfer program, says the UN food agency, FAO (Food and Agriculture Organisation). mobile money in iraq
eServGlobal has announced the commercial launch of mobile money services with Zain Iraq. According to a statement from the company, the service was softlaunched in January and has already attracted strong interest. The service is called Zain Cash and is offered by Iraq Wallet, which is an authorised company from the Central Bank of Iraq
Ooredoo claims to be the first mobile money provider to roll out services in Iraq, and says it has been licenced by the Central Bank of Iraq. The company said the launch is intended to provide unbanked customers with more control over their finances. Iraqi dinar; From 1931 to 1947, the banknotes were issued by the Iraqi currency board for the government of Iraq and banknotes were convertible into pound sterling. From 1947, the banknotes were issued by the National Bank of Iraq, then after 1954 by the Central Bank of Iraq.mobile money in iraq Iraq has a huge potential with Mobile Money since the nonbanked population is reported to be 85 to 90 of the 2021 million of bankable population by different sources and the banking services are very limited countrywide.
Mobile money, mobile financial services, mobile recharge and distribution are key elements in the Zain Group strategy. Through innovative product design and marketing strategies, Zain aims to maximise the benefit of mobile money, electronic recharge and distribution, giving customers new alternatives to financial transactions and account mobile money in iraq eServGlobal is pleased to announce the commercial launch of mobile money services with Zain Iraq. The service was softlaunched in January and has already attracted strong interest. The service is called Zain Cash and is offered by Iraq Wallet, which is an authorised company from the Central Bank of Iraq (CBI).