Business Pricing & Limits

 

1- Merchant of Small Projects Wallet: ZainCash provides this wallet to empower small merchants with effortless access to digital financial solutions, facilitating smooth transactions, bill settlements, and money transfers.

 

Wallet Type Merchant of Small Projects
Wallet Capacity 30M
Transaction type Fees Limits
Western Union

X

 X
Merchant payment gateway 1% with min 500 IQD 30 M - Monthly
Local money transfer 0.25% with min 250 IQD 10 M - Monthly
Mastercard - Top up 500 IQD - Per Transaction 10 M - Monthly
Mastercard transfer to wallet 0.5% Wallet Capacity
Virtual Visa Top-up 500 IQD - Per Transaction 650$ - Daily/Monthly
Top-up by Visa/Mastercard Free 1 M Per Trx - 10M - Monthly
Cash disbursement X X
Cash-in via agent 3000 IQD Per Transaction 20 M - Monthly
Cash-in via bank Free Wallet Capacity
Cash-out ATM 0.4% with min 1 K IQD 2 M Daily - 10 Monthly
Cash-out via agent 0.7% with min 750 IQD 10 M - Monthly
Cash- out via Bank X X

Required Documents:

Wallet Type Required Documents

Small Merchant Wallet
  • Wallet number.
  • National ID (Front & back).
  • Residence card (Front & back).
  • Live photo.
  • KYC form.
  • Business evidence.

 

2- Merchant Wallet: ZainCash offers a special wallet for merchants to ease your commercial transactions through a variety of comprehensive and developed services, which will provide you and your customers with instant, fast, and easy E-payment services. 

 

Wallet Type Merchant
Wallet Capacity 500M
Transaction type Fees Limits
Western Union X X
Merchant payment gateway 0.75% with min 150 IQD 500 M - Monthly
Local money transfer 0.25% with min 250 IQD 500 M - Monthly
Mastercard - Top up 500 IQD - Per Transaction 10 M - Monthly
Mastercard transfer to wallet 0.5% Wallet Capacity
Virtual Visa Top-up X X
Top-up by Visa/Mastercard X X
Cash disbursement Free - via online dashboard Wallet Capacity
Cash-in via agent X X
Cash-in via bank Free Wallet Capacity
Cash-out ATM 0.4% with min 1 K IQD 2 M Daily - 10 Monthly
Cash-out via agent 0.75% with min 750 IQD 2.5 M Daily
Cash- out via Bank

Internal Transfer 0.05%

- with min 6000 IQD

 

RTGS 0.1%

- with min 6000 IQD

 Wallet Capacity

Required Documents:

Wallet Type Required Documents
Merchant Wallet
  • Wallet number.
  • ID of commercial Chamber or Profession practice certificate.
  • Rental Document for Workplace .
  • Bank account of Business Owner.
  • National ID (Front & back).
  • Residence card (Front & back).
  • Live photo.
  • KYC form.
  • Business evidence.

 

3- Company & NGO Wallet: ZainCash Wallet offers a comprehensive, secure, and efficient payment solution tailored for businesses and NGOs with a reliable, electronic solution. Our advanced payment services support both one-time and recurring transactions, ensuring convenience, security, and efficiency for your financial operations.

 

Wallet Type Company & NGO
Wallet Capacity 20B
Transaction type Fees Limits
Western Union X X
Merchant payment gateway 0.75% with min 150 IQD 20 B - Monthly
Local money transfer 0.25% with min 250 IQD 500 M - Monthly
Mastercard - Top up 500 IQD - Per Transaction 10 M - Monthly
Mastercard transfer to wallet 0.5% Wallet Capacity
Virtual Visa Top-up X X
Top-up by Visa/Mastercard X X
Cash disbursement Free - via online dashboard Wallet Capacity
Cash-in via agent X X
Cash-in via bank Free Wallet Capacity
Cash-out ATM 0.4% with min 1 K IQD 2 M Daily - 10 Monthly
Cash-out via agent 0.75% with min 750 IQD 2.5 M Daily
Cash- out via Bank

Internal Transfer - 0.05%

- with min 6000 IQD

 

RTGS - 0.1%

- with min 6000 IQD

 Wallet Capacity

 

Required Documents:

Wallet Type Required Documents
Company Wallet
  • Wallet number.
  • Company registration certificate.
  • Meeting minutes.
  • Foundation Decision.
  • Bank account.
  • Rental Document for Workplace.
  • Bank account of Business Owner.
  • Authorized person National ID (Front & back).
  • Authorized person Residence card (Front & back).
  • Authorized person Live photo.
  • Authorized Director (CEO) National ID (Front & back).
  • Authorized Director (CEO) Residence card (Front & back).
  • Company shareholders 1: National ID (Front & back), Residence card (Front & back).
  • Company shareholders 2: National ID (Front & back), Residence card (Front & back).
  • Company shareholders 3: National ID (Front & back), Residence card (Front & back).
  • Company shareholders 4: National ID (Front & back), Residence card (Front & back).
  • KYC form

 

Required Documents:

Wallet Type Required Documents
NGO Wallet
  • Wallet number.
  • NGO registration certificate.
  • NGO By-law documents.
  • NGO Bank account.
  • Rental Document for Workplace.
  • Authorized person official letter.
  • Authorized person National ID (Front & back).
  • Authorized person Residence card (Front & back).
  • Authorized person Live photo.
  • Authorized Director National ID (Front & back).
  • Authorized Director Residence card (Front & back).
  • NGO shareholders 1: National ID (Front & back), Residence card (Front & back).
  • Company shareholders 2: National ID (Front & back), Residence card (Front & back).
  • Company shareholders 3: National ID (Front & back), Residence card (Front & back).
  • Company shareholders 4: National ID (Front & back), Residence card (Front & back).
  • KYC from