Qi aims to further accelerate this shift towards a cashless society
Qi Card, a leading player in Iraq’s fintech sector, has unveiled its groundbreaking third-generation app, SuperQi, in collaboration with Ant International, powers the future of global commerce with digital innovation headquartered in Singapore.
Powered by Alipay+ Wallet Tech solutions, SuperQi integrates a digital lifestyle super app with a fully functional digital bank, bringing a new era of financial inclusion and digital services to Iraq.
Since its launch in July 2024, SuperQi has seamlessly fused Western digital banking models with the best practices from Asia’s leading super apps, according to a press release.
“At Qi, our vision is to build a cashless Iraq by bringing financial services to every corner of our society. SuperQi is a testament to this commitment, simplifying financial transactions and fostering greater inclusivity for all Iraqis,” stressed Bahaa Abdulhussein, Chairman, Qi.
Available in Arabic, English, and Kurdish, SuperQi aims to serve millions of Iraqis, offering a comprehensive suite of services that include scan-to-pay, money transfers, bill payments, loans, instalments, mobile recharge, shopping, travel and other payment solutions.
Expansion plans
With over 11 million cardholders and five million mobile app users, Qi plans to reach over 15 million app users within the next three years.
“The launch of SuperQi is a milestone in Iraq’s journey towards a cashless society,” noted Ali Muneam, CEO, Qi. “By bridging the gap for millions who still rely on cash transactions, SuperQi is not just a financial solution, but a key step in modernizing our nation’s economy,” he added.
“SuperQi represents a paradigm shift in how we address the lifestyle and daily needs of our diverse customer base. We invite businesses across Iraq to leverage SuperQi as a platform to deliver their services seamlessly and effectively,” observed Luay Al Obaidi, Chief Product Officer, SuperQi.