Blue (Ishtar Gate Company for E-Payment Systems and Services), an Iraq-based fintech company that offers a wide variety of generation solutions, has launched its latest generation that allows users to trade US-listed stocks. You can use the U. S. government through a mobile app called Bluepay. Recently approved by the Central Bank of Iraq as the first and only company to offer an overseas cash movement service, Blue’s CEO, Ali Al-Saeed, said: “This is an unprecedented technological solution built and delivered locally in Iraq. This has triggered others provided through fintech, such as a multi-currency solution that opens a new horizon of opportunities in the Iraqi market.
Regardless of the type of card they have, the multi-currency generation available to all users of the app helps them increase the sensitivity of their Iraqi dollar and dinar accounts and then change their balances into 10 other currencies. “For example, the conversion to the Turkish lira allowed tourists in Turkey to have a local type card and small businesses buying products in Turkey had access to e-commerce platforms that only deal with monetary products issued through Turkey,” he added.
Corridor to China
Through the app, Bluepay users can factor a UnionPay card, a Chinese state-owned money company, which helps them conduct monetary transactions to and from China. through Chinese companies.
Ali Al-Saeed explained: “Our purpose is to create the region’s first super monetary app that provides freedom to users, while allowing regional banks to provide unprecedented installations of our technology. We plan to expand our facilities in the region with a focus on Saudi Arabia. and the United Arab Emirates in the first quarter of 2023. “
Blue Platinum, the first Platinum card
“All this comes a few months after the launch of Blue Platinum, the first platinum prepaid card that Bluepay introduced in Iraq in partnership with Visa International and which aims to provide consumers in general with platinum add-ons, as well as other fintech technologies such as multi-capacity currency exchange and 0 fees for online transactions,” Concluded.
Ishtar Gate for e-Payment System and Service (Blue) is a personal enterprise registered in Iraq, and it is legal to provide electronic payment services from the Central Bank of Iraq No. (14) for the year 2020 on the basis of the Central Bank of Iraq Law No. (56) of 2004. La company is legal to provide electronic payment services Iraq
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