The Qi Card is an

Iraq Iraq,; ku, عێراق, translit=Êraq officially the Republic of Iraq, '; ku, کۆماری عێراق, translit=Komarî Êraq is a country in Western Asia. It is bordered by Turkey to the north, Iran to the east, the Persian Gulf and K ...

i debit card and is the national credit card of Iraq. It is pronounced as 'key', and it is the reversed form of iq, the

ISO 3166 ISO 3166 is a standard published by the International Organization for Standardization (ISO) that defines codes for the names of countries, dependent territories, special areas of geographical interest, and their principal subdivisions (e.g., ...

code for

History

Iraq's two biggest state-owned banks,

Rafidain Bank Rafidain Bank ( ar, مصرف الرافدين lit. ''Bank of Mesopotamia'') is the largest bank in Iraq, with 165 branches inside Iraq and with branches in Cairo, Beirut, Abu Dhabi, Bahrain, Sana'a, Amman and Jabal Amman. Its HQ is in central Ba ...

and

Rasheed Bank Rasheed Bank ( ar, مصرف الرشيد ) is the second largest Iraqi bank, with 162 inside Iraq. On January 1, 1989, the Rasheed Bank was spun off from Rafidain Bank. See also *Iraqi dinar The Iraqi dinar () (Arabic: دينار; sign: ID i ...

, together with th
Iraqi Electronic Payment System (IEPS)
have established a company called International Smart Card, which has developed a national credit card called 'Qi Card'. The card is issued since 2008. According to the company's website: 'after less than two years of the initial launch of the Qi card solution, we have hit 1.6 million cardholder with the potential to issue 2 million cards by the end of 2010, issuing about 100,000 card monthly is a testament to the huge success of the Qi card solution. Parallel to this will be the expansion into retail stores through a network of points of sales of about 30,000 units by 2015. QI card is similar to other credit cards recognized worldwide with essential difference that the smart card deals with balances without direct contact with the server which is called (offline) to facilitate business in regions of no good telecommunication networks .

External links

The Company's Official Website
{{Credit cards Debit cards Debit card issuer associations