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Local and Alternative Payment Methods in Iraq
Population
44,500,000
Currency
Iraqi Dinar
Iraq, with over 40 million people, is a growing e-commerce market. The currency is the Iraqi Dinar (IQD), and the main language is Arabic, with Kurdish also widely spoken in the Kurdistan region.
The e-commerce and online payment sectors are expanding, though they face challenges due to infrastructure and political factors. For online merchants, using local payment methods is crucial for boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.
Benefits of Local Payment Methods:
- Increase sales
- Reduce cart abandonment
- Enhance customer satisfaction
- Build customer loyalty
- Gain trust and stand out in the market
Offering local payment options connects you with millions of potential customers in Iraq and drives growth.
Iraq
Popular payment methods
Visa
Cards
Widely accepted credit card offering secure payments, rewards, and global access. Ideal for everyday purchases, travel, and online shopping.
Google Pay
Wallet
A fast, secure mobile wallet for contactless payments, online purchases, and money transfers, linked to your cards and accounts for seamless transactions.
ALLSECURE GLOBAL
Cards
ALLSECURE GLOBAL provides secure, scalable payment solutions, enabling businesses to process online and in-store transactions worldwide with advanced fraud protection.
Mastercard
Cards
Mastercard: A global payments company offering secure, fast, and convenient payment solutions for individuals and businesses worldwide.