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Blog & News

News & Articles

Importance and Growth of Mobile Money Post-COVID-19

After the COVID-19 hit in early 2020, it was evident that mobile money, would play a critical role in keeping people connected, giving critical financial assistance, and enabling safe, contactless channel to pay for merchants and other necessities. The 5.2 billion mobile users worldwide have helped mobile money providers to grow faster than other traditional banking services.

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IRAQ’s Payment Landscape

The payment Industry in IRAQ has seen an increasing growth in the past few years, from the number of people opening bank account, eWallets to having many more banks opening branches, installing ATMs, shops having POS terminal to accept card payments or QR payments. Also, the number of financial service companies are on the rise.

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NassWallet is an innovative customer centric, convenient, powerful digital finance center that lives on your mobile device. It is created to provide greater financial access to the largely unbanked but highly connected population of Iraq to make the leap from cash to a cashless society.

NassWallet follows and complies with PCI DSS (Payment Card Industry Data Security Standard), a global standard for organizations that accept payment cards and store, process or transmit payment cardholder data.

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