Iraq’s Qi Card showcases fintech leadership at Las Vegas summit
Baghdad’s electronic-payments provider highlights biometric smart-cards and digital-inclusion efforts on global stage at Money 20/20 USA
LAS VEGAS (MNTV) — Iraq’s fintech sector made a high-profile appearance this week as International Smart Card (Qi Card), the country’s flagship digital payment platform, took center stage at the major global industry event Money 20/20 USA 2025 in Las Vegas (October 26–29).
The company is listed as an official sponsor of the summit, where it presented its innovation-driven payment infrastructure and push for wider financial inclusion in Iraq.
According to the company’s release via Business Wire, Qi Card serves more than 19 million users and works with over 50,000 merchants across Iraq, deploying biometric smart-card systems, secure e-payment infrastructure and connectivity solutions aimed at transitioning the country toward a cash-lite economy.
At Money 20/20, Qi Card’s leadership emphasized the broader message: “From Iraq to the world,” said CEO Ali Moneim. “Our growth has always been driven by empathy and accessibility… every innovation begins with the needs of our people.”
The company’s participation highlights Iraq’s ambition to become a regional fintech player, not merely a passive beneficiary of global technology.
Qi Card’s work underscores a shift toward local innovation: from biometric smart-cards, secure merchant infrastructure, to interoperable digital solutions aimed at bringing the unbanked into formal financial services.
The event drew more than 10,000 attendees from across banking, payments, and regulatory sectors, providing a platform for Iraqi fintech to engage with global partners.
Analysts note that Iraq’s push into fintech coincides with wider financial-sector reform, digital-economy growth and efforts to deepen financial inclusion after years of cash-dominated transactions and limited banking access. Qi Card’s showcase at Money 20/20 proves messaging and capacity are aligning.
What this means for Iraq
- The focus on biometric smart cards and merchant networks presents a blueprint for formalizing payments in a market where cash remains dominant.
- Exposure at Money 20/20 allows Qi Card to link with global investors, tech vendors and regulatory stakeholders — reinforcing Iraq’s fintech narrative.
- For Iraq’s broader economy, fintech advancements like those of Qi Card can support business-growth, financial-access and digital trade — especially relevant in a region eager to diversify beyond oil and reconstruction-led sectors.
Hindi-language and Middle-East business outlets covering the event highlight the thematic shift: fintech is a pillar of Iraq’s rebuilt economy, not just an afterthought.
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