Temporarily suspending international financial transactions for MasterCard cards
Temporarily suspending international financial transactions for MasterCard cards
5-13-2023
Information/Baghdad…
Qi Card announced that it has temporarily suspended international financial transactions for MasterCard cards.
The company stated, in a statement received by the agency / information /, that “in implementation of the policies of the Central Bank of Iraq represented in setting up a “strict new electronic system” that supports the settlement of electronic cards at the official price and financial transfers of various types and limits the use of electronic cards away from the desired goals, so we would like to inform you that International financial transactions will be temporarily suspended for MasterCard cards issued by Al-Rafidain Bank, and the service will be resumed soon.
She added, “Our local services will not be affected and will remain effective for our audience, such as:
– Paying salaries
– Cash withdrawal
– Express exchange
– Money transfer
– Payment at points of sale via POS devices
– Bill payment
– Purchasing via websites and local electronic stores.
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