Iraqi fintech leader Qi Card has announced a significant partnership with Turkish Airlines and global payments giant Mastercard to launch Iraq’s first co-branded airline debit card. This strategic collaboration introduces the Qi Card Turkish Airlines World Mastercard, a new product designed to integrate financial services with premium travel benefits for Iraqi consumers.
A Strategic Alliance for Enhanced Travel
The partnership combines Qi Card’s extensive local payment network with Turkish Airlines’ global reach and Mastercard’s secure technology framework. The initiative aims to provide Iraqi travelers with a seamless and rewarding payment experience, both at home and abroad. By embedding travel loyalty benefits directly into a debit card, the alliance is tapping into the growing aspirations of Iraqi consumers for more sophisticated and value-added financial products.
“This partnership is a testament to our unwavering commitment to providing our customers with innovative financial solutions that enhance their lifestyle,” stated Islam Al-Ghanem, CEO of Qi Card. “By joining forces with a prestigious airline like Turkish Airlines and a global technology leader like Mastercard, we are not just offering a payment card; we are providing a gateway to the world.”
Mahmut Yayla, Turkish Airlines’ General Manager in Baghdad, added, “This collaboration is a significant step in strengthening our bond with our valued passengers in Iraq. The new co-branded debit card will provide them with added value, making their travel with Turkish Airlines even more special.”
Unlocking New Rewards for Iraqi Consumers
The central feature of the new debit card is its integration with the Turkish Airlines Miles&Smiles loyalty program, allowing cardholders to earn miles on their everyday spending. This transforms routine purchases into opportunities for future travel rewards.
- Local Spending: Cardholders earn 1 Mile for every 2,000 Iraqi Dinars (IQD) spent within Iraq.
- International Spending: Cardholders earn 1 Mile for every 1 US Dollar (USD) spent outside of Iraq.
- Welcome Bonus: As an introductory offer, users will receive 2,000 bonus Welcome Miles upon completing their first transaction.
“The global momentum of co-branded cards is on the rise as they offer a compelling proposition for consumers,” said Adam Jones, Country General Manager, MENA Central at Mastercard. “We are delighted to collaborate with Qi Card and Turkish Airlines to create a tailored product that offers priceless travel benefits and experiences for people in Iraq.”
About Qi Card
Qi Card is a leading fintech company and payment services provider in Iraq, playing a pivotal role in the country’s transition towards a digital economy. It offers a wide range of financial services, including salary disbursements, credit solutions, and innovative payment products. The company is at the forefront of driving financial inclusion and modernizing the payments infrastructure across Iraq.
Looking Ahead
This launch marks a significant milestone for the Iraqi fintech sector, demonstrating a growing maturity and ability to forge international partnerships that deliver tangible consumer value. For Qi Card, the co-branded card strengthens its product ecosystem and competitive edge in a developing market. This initiative is poised to accelerate the adoption of digital payments in Iraq by linking them to highly desirable lifestyle benefits, potentially setting a new standard for financial products in the country and encouraging further innovation at the intersection of finance and travel.
Source: Zawya
