With the fast growth of technology and the digital transformation of the business sector, Iraq-based Neo Pay, since 2019, has become the pioneering force in the Middle East country’s e-payment revolution. With the mission of helping every Iraqi citizen to have access to digital payments, Neo Pay mostly relies on modern digital payment methods that simplify daily transactions and enhance transparency and efficiency at every step.
Neo Pay Iraq continually strives to develop comprehensive e-payment solutions with a focus on ease of use, security and excellent customer service. With its prepaid cards, users can conduct financial transactions quickly and reliably, whether shopping online or paying bills. The team’s high level of expertise makes Neo a trusted choice for many individuals and businesses in Iraq.
“We are always innovating in e-payment technology, continuously improving the customer experience and expanding its services. Whether you’re a business manager looking to optimise payment methods or an individual in need of simple and secure payment solutions, Neo Pay offers the perfect solution for you,” Mohammad Sinno, Head of Strategy and Business Growth told International Finance.
Neo Pay Iraq has four types of payment cards available for its customers. Prominent among them is the “Dinar Card,” which offers real value in local financial transactions, considering the wide range of attractive local discounts and offers the cardholder gets. With Dinar Card, it is easy to transfer money in Iraqi Dinars, while activities like paying businesses and shopping come commission-free locally.
Next comes the “Classic Card,” which can be used on all websites and mobile apps that accept the Visa brand. The Classic Card users can also track their spending and request a mini statement directly from the “Neo App.” Classic Card can also be used for purchases on point-of-sale (POS) devices, as well as for cash withdrawals from any ATM inside or outside Iraq. The user can transfer from any Neo Virtual/Neo Visa Classic/Platinum Card to another through the application immediately.
Neo Pay Iraq’s “Platinum Business Card,” another payment mechanism powered by Visa for entrepreneurs, small business owners and frequent travellers, offers unparalleled value to its users, given the wide range of features and offers from travel insurance, medical advice, buyer protection, restaurant discounts, VIP lounges at airports and extended warranty period.
Neo Pay Iraq also was the first fintech to introduce the “Virtual Card” in Iraq, which is accepted on all global and local websites and applications that accept payment using Visa. The user can follow up on his/her financial transactions and issue an account statement immediately through the mobile application. The Virtual Card can be recharged with money and the money can be transferred from any Neo card, whether it is a Neo Visa Classic/Virtual/Platinum Card, to another, with the user having the freedom of activating and deactivating the card through the mobile application.
“By leveraging the latest technologies and a customer-centric approach, we aim to simplify the payment process while enhancing trust and delivering exceptional value to our customers. Through continuous innovation and a commitment to excellence, we strive to be at the forefront of the digital payments’ revolution, driving economic growth and transforming the way people transact across the world,” Mohammad Sinno concluded.