Al-Sadeq Group for Automotive (ASGA), Iraq’s official dealer for Suzuki, Faw Motor, Bestune, and JMC Motors, has partnered with Qi Card to expand financial services across the country. The collaboration aims to simplify vehicle ownership and strengthen Iraq car financing options for consumers.
Additionally, representatives from both companies signed a long-term partnership agreement to enhance accessibility to automobile sales. The partnership focuses on integrating advanced finance and payment technologies into the car-buying process. With this step, Al-Sadeq seeks to make vehicle purchases easier, faster, and more affordable for Iraqi customers.
Qi Card, launched by Smart Card Iraq in 2007, has become one of the country’s leading digital payment platforms. Millions of Iraqis rely on its services for banking, salary disbursement, and credit transactions. By promoting cashless payments, Qi Card supports national efforts to improve financial inclusion and modernize Iraq’s digital economy.
Furthermore, through this new collaboration, Qi Card combines its financial technology expertise with Al-Sadeq’s wide automotive network. The result is a safe, transparent, and customer-focused financing system. This initiative is expected to improve customer experience and encourage more people to own vehicles through secure and flexible payment plans.
Therefore, both companies emphasized that the partnership represents a shared commitment to innovation and sustainable growth. They believe it will help develop Iraq’s automotive market while supporting the government’s broader goals for digital transformation.
Moreover, industry observers say the deal could significantly influence the future of Iraq car financing, as it bridges the gap between fintech and the automotive sector. By integrating digital solutions with car sales, the collaboration provides more efficient options for credit and installment payments.
Al-Sadeq plans to roll out the new financing system through its nationwide dealership network. Customers will soon be able to apply for financing directly through Qi Card’s platform, using digital verification and payment tools. This approach reduces paperwork, improves transparency, and speeds up approval times.
By joining forces, Al-Sadeq and Qi Card aim to redefine Iraq car financing through accessible technology and trusted service. Their partnership highlights the growing link between Iraq’s digital economy and its expanding automotive industry.