World VoIP NewsAsiacell signs mobile banking agreement with AMWALAsiacell signs mobile banking agreement with AMWAL

Asiacell signs mobile banking agreement with AMWAL

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Iraq’s second largest mobile operator by subscribers, Asiacell, has formed a strategic partnership with AMWAL, a consortium of Iraqi banks, for the provision of a mobile banking service in the country, the Gulf Times reports.
The new offering will enable Asiacell’s pre-paid customers that have an account with any of AMWAL’s member banks to use their mobile phone for a variety of financial transactions, including the transfer of money to other accounts and checking of bank balances.

‘Our ultimate goal is to provide all Iraqis with access to affordable banking services by leveraging Asiacell's national network,’ commented Dr Diar Ahmed, CEO of Asiacell, adding, ‘This innovative mobile financial solution will enable Asiacell's subscribers to enjoy convenient, secure and easy-to-use mobile banking services that are available 24/7 and all year around. Asiacell's and AMWAL's combined efforts towards bridging the information gap constitutes a major leap in developing Iraq's technological capacity and corresponds with our national goals of helping advance the telecom sector in Iraq.’

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