Updated
Updated · Kurdistan24 · Aug 11
Apple Pay to Launch in Iraq, Expanding Digital Payments Across 3 Cities
Updated
Updated · Kurdistan24 · Aug 11

Apple Pay to Launch in Iraq, Expanding Digital Payments Across 3 Cities

2 articles · Updated · Kurdistan24 · Aug 11

Summary

  • Credit Bank of Iraq said Apple Pay will soon become available in Iraq, letting customers add eligible NBK cards to Apple devices for contactless purchases where the service is accepted.
  • No launch date was given, and the bank did not specify participating cards, merchants, fees or transaction limits, so the announcement stops short of confirming nationwide live service.
  • The rollout centers on Credit Bank of Iraq, an NBK subsidiary with branches in Baghdad, Basra and Erbil; NBK already offers Apple Pay in Kuwait and Bahrain.
  • The move comes as Iraq pushes broader banking modernization, with the Central Bank and U.S. Treasury tying deeper international banking access to stronger compliance, governance and anti-money-laundering controls.

Insights

Could the arrival of Apple Pay be the secret weapon Iraq needs to escape the FATF grey list and regain global trust?
Will the push for digital wallets actually stop illicit cash flows, or just force them deeper underground in Iraq's economy?