Bluepay launches its super fintech app

by James · December 7, 2022

fintech, fintech app, multiurrency card, credit card, transfer money

Bluepay fintech super app

Bluepay multicurrency card

Bluepay continues its work to build a FinTech super app in Iraq and the Middle East.

IRAQ , Dec. 7, 2022 /EINPresswire.com/ — Bluepay announced its latest technology release that allows users to trade US listed stocks through its mobile app, a unique technology solution built and delivered locally. This move followed other Fintech-provided services such as the multi-currency solution that unlocked a new horizon of opportunities in the Iraqi market.

Through the multicurrency technology offered to all app users, regardless of the type of card they have, you can help them top up their accounts with both dollars and Iraqi dinars, and then use the application to exchange their balances into 10 other currencies. For example, switching to the Turkish lira helped travelers to Turkey to have a Turkish local-like card and helped small businesses buying products from Turkey to access e-commerce platforms dealing only in Turkish-issued financial products.

Additionally, and through the app, users can now issue a Bluepay UnionPay card that helps them conduct financial transactions to and from China. This opens up the China Corridor for SMEs in Iraq and MENA to do more business through Chinese companies.

All this comes a few months after the inauguration of Blue Platinum, the first prepaid platinum card Bluepay was launched in Iraq in collaboration with Visa International which aims to provide ordinary consumers with the platinum additions in addition to Bluepay other FinTech technologies such as multi-currency feature and zero fess on online transactions.

Ali Al-Saeed, Blue CEO, mentioned “Our goal is to build the first super financial app in the region that gives freedom to users and also enables regional banks to offer unique services using our technology. We plan to to expand our services in the region in Q1 2023, focusing on Saudi Arabia and the UAE.

Bluepay is an Iraq-based Fintech company that offers a wide range of technology-driven solutions to customers and recently received the Central Bank’s approval to be the first and only company to have an international money transfer service.

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