The most important means of electronic payment in Iraq
As a continuation of the series of electronic payment methods existing in Arab countries, which came as a result for technological development And the digital transformation that all countries of the world are witnessing, as all countries and companies seek to keep pace with technological development, especially in the field of economics, and to adapt all technologies and electronic services to establish a distinctive and modern economic system. We present below the most important means of electronic payment in Iraq as a beginning to keep pace with global technological development within the country.
Read also the most important electronic payment methods in Jordan.
Electronic payment methods in Iraq
There are many electronic payment methods available within the State of Iraq, which can be used to pay to local and international sites, and these methods have a wide range of features that we will mention below:
NEO payment method
The NEO payment method is one of the methods that falls under the name of credit card, which is used as an electronic payment method in Iraq. This card is widely used as it can be used to pay online in all websites and electronic stores, and the card is charged by depositing funds. Either through service branches or automated teller machines. The card also provides an application to manage the service and conduct money transfers or receives.
You can register for the service and obtain the NEO card, by downloading the service’s application, registering your own account and activating it, then going to the nearest branch to deposit money into your account and extracting the NEO card.
- Payment via electronic wallets
Electronic wallets are one of the most famous and widespread means of electronic payment in Iraq. This is due to the ease of creating an electronic wallet, in addition to these wallets enjoying a high degree of protection, which provides complete security for the operations of receiving and sending money.
One of its advantages is that this method is accepted from all websites, and it can also be used to pay for stores and shopping centers. E-wallets provide a special application for the service, which facilitates the process of saving user data such as the account number and credit card number. All you have to do is download the application for the electronic wallet you want to register. Then register an account and activate it, so you can then transfer and receive money, pay all government bills, and pay with it to various shopping sites, and the money is disbursed through one of the Iraqi banks.
- Electronic payment through Google Pay
Another method of electronic payment available within the State of Iraq is payment through Google Play cards, as this method is considered one of the most secure methods, which can be used to pay for international stores and websites and complete purchases. The payment service through Google Play provides several different cards that you can Choose the appropriate card for you that ensures a safe and easy money transfer process.
- Iraqi post cards
This method is affiliated with the Iraqi government, in order to keep pace with the digitization movement followed by the government in all its systems, as it activated the electronic payment system to include the salaries of workers in the country, through the Iraqi Post, thus becoming one of the approved electronic payment methods in the country, and this service supports issuing a credit card. From one of the banks affiliated with the electronic payment system, the postal service provides a set of services, the most important of which are depositing and withdrawing funds, and paying on commercial and shopping sites, whether inside or outside Iraq.
- Payment through the invoice portal
It is the best service for collecting bills, in addition to the advantage of transferring money and purchasing from various shopping sites, so it is the first choice for most customers, who prefer to use electronic payment methods in Iraq, because of the multiple services and features it provides in addition to the ease of dealing with this method, with the full protection that it provides. The portal provides all customer data.
From this, Iraq seeks to keep pace with digital development in the world, which we have seen by providing various electronic payment methods. Despite the small number of these means, it is doing an outstanding job in keeping pace with the movement of development and the spread of electronic payment processes.
