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Iraq
2007 (19 Years)
Last online: No recent activity
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know QiCard
Company Information
Get to know QiCard
Founded in 2007, International Smart Card (trading as QiCard) is a major financial technology company in Iraq. It was established in partnership with the Iraqi government's state-owned Al-Rafidain and Al-Rashed banks to create a national payment system. The company's mission is to drive financial inclusion by providing secure and accessible electronic payment solutions to millions of Iraqi citizens. Its core service involves the issuance of biometric identity-enabled smart cards (QiCards) used for receiving government salaries, pensions, and social security benefits, as well as for making payments at POS terminals, e-commerce transactions, and cash withdrawals from ATMs.
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