Qi Card Lending Supports More than 1M Iraqi Citizens

Qi Card Lending Supports More than 1M Iraqi Citizens

Access to funding is one reason Qi Card is the provider of choice for Iraqis

Qi Card, the leading electronic banking solution and default national debit/credit card of Iraq has supported nearly one million Iraqis through a variety of credit options that power entrepreneurs, small businesses and personal spending, contributing to Qi Card’s status as the provider of choice for banking needs in the region.

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The Qi Card Credit suite of lending options includes instant approval for salary-backed loans, access to more than 6,000 merchants operating in the merchant funded instalment platform, credit cards, collateral-backed loans, bridge financing and insurance to lenders and merchants for all loans being granted.

A competitive and user-friendly loan option, Qi Card small loans have been leveraged by 800,000 citizens and are ideal for small business owners. A full 55.40% of loan recipients used the funds to finance a small project, 29.90% paid for medication and health-related matters, 8.20% repaid personal debts, 4.30% financed a home renovation and 2.20% put the money toward a personal vacation. Qi Card Credit customers trust Qi Card to provide a safe, secure and reliable banking experience.

Qi Card’s products and services are based on the principle of maximum protection, accessibility, ease of use and full transparency. The company boasts more than a decade of experience facilitating electronic payments and employs state-of-art biometric verification.

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