Al Janoob Islamic Bank and World Islamic Bank has partnered together to set up a processing Company in Iraq “National Gate Processing Company” (50% owned by Al Janoob and World Islamic Banks) which will be providing technology and electronic payment processing services catering the banking and financial sector as well as the population, government and other institutions/companies at large for financial inclusion, transparency, efficiency with speed, security and world class latest technology
Our Business includes:
- Acquirer and Issuer in partnership with MasterCard, Visa, Union Pay etc.
- Touch and Pay’ or ‘Touch and Receive’ services with Biometric authentication
- MasterCard, Visa, Union Pay etc. accreditation with an annually renewable license for payments and the Payment Card Industry Data Security Standard (PCI DSS) accreditation for security.
- Iraq National Switch and Iraq Interoperable Mobile Payment System ties.
- 24*7 Fraud Monitoring Loyalty Management service for all various clients
- Instant Card Issuance and E-statements.
- Logistics and Back-office operations.
- Self-service kiosks deployed in places of high foot-fall like malls, airports, government institutions, banks etc. for payment of utility bills, taxes, insurance etc.
- In the future, we intend to foray into mobile payments that use NFC technology that does not require MasterCard, Visa, and Union Pay.
- 24*7 Contact Centre.