Iraq’s Qi Card has partnered with Ant International to launch the SuperQi app. This new app aims to provide users with a seamless and secure way to make cross-border payments. Qi Card is one of the leading electronic payment providers in Iraq.
It has been working to expand its services and reach more customers. Ant International is a subsidiary of Ant Group, a global technology company. It specializes in providing digital payment solutions.
The SuperQi app will allow users to make payments in multiple currencies. It will also offer features such as real-time tracking and personalized services. The app is expected to benefit both individuals and businesses in Iraq.
It will make it easier for them to send and receive money from other countries. The partnership between Qi Card and Ant International is a significant development. It shows the growing importance of digital payment solutions in the region.
As more people in Iraq adopt mobile wallets and other digital payment methods, the demand for cross-border payment services is likely to increase. The launch of the SuperQi app is just one example of how companies are responding to this demand. It is also a sign of the increasing collaboration between traditional financial institutions and fintech companies.
By working together, these companies can combine their strengths and expertise. They can develop innovative solutions that meet the needs of customers in different markets. The SuperQi app is expected to be available to users in Iraq in the coming months.
It will be interesting to see how it is received and what impact it has on the country’s digital payment landscape. Thomson Reuters has acquired SafeSend, a company that specializes in tax automation software.
Partnership increases digital payment access
The acquisition is part of Thomson Reuters’ strategy to expand its offerings in the tax and accounting space. SafeSend provides software that helps tax professionals automate their workflows. Its products include SafeSend Returns, which allows users to securely send tax returns to clients for review and approval.
The acquisition will allow Thomson Reuters to integrate SafeSend’s technology into its own tax and accounting products. This will provide customers with more advanced features and capabilities. The demand for tax automation software has been growing in recent years.
Tax professionals are looking for ways to streamline their processes and reduce the risk of errors. SafeSend’s products have been well-received by customers. The company has a strong reputation for providing reliable and user-friendly software.
By acquiring SafeSend, Thomson Reuters is positioning itself to meet the evolving needs of tax professionals. It is also expanding its presence in the tax and accounting market. The terms of the acquisition have not been disclosed.
However, it is clear that Thomson Reuters sees significant value in SafeSend’s technology and customer base. The acquisition is expected to close in the first quarter of 2025. Once the deal is complete, SafeSend will become part of Thomson Reuters’ Tax & Accounting business unit.
This unit provides software and services to tax and accounting professionals around the world. It includes products such as Checkpoint, which provides tax research and guidance, and UltraTax CS, which offers tax preparation and compliance tools. The acquisition of SafeSend is just one example of how Thomson Reuters is investing in its Tax & Accounting business.
The company has made several other acquisitions and partnerships in recent years to strengthen its position in this market. As the tax and accounting landscape continues to evolve, it is likely that we will see more consolidation and collaboration in the industry. Companies that can provide innovative and integrated solutions will be well-positioned to succeed.
