MoneyHash partners Wayl for payment service delivery in Iraq

Details: Vaughan O'Grady; Category: Enterprise Ecosystems; 24 February 2026; 421 views

MoneyHash, a payment orchestration platform built for emerging and global markets, has announced a new partnership with Wayl, a local payment solutions provider, checkout engine, and merchant of record supporting global and regional businesses entering the Iraqi market.

The partnership, says MoneyHash, marks an important step in its ongoing strategy to support geographic expansion across complex emerging markets. By working with Wayl, MoneyHash says it can extend its reach into Iraq, enabling businesses to navigate local payment requirements through trusted, market-specific infrastructure, while supporting expansion into an e-commerce platform in Iraq that aligns with local market needs.

As the partners point out, entering new markets often requires a deep understanding of local payment preferences, regulatory considerations and operational realities. As a payment orchestration platform, MoneyHash can help to address this challenge by supporting merchants in accessing key Iraqi payment methods through Wayl, including international card schemes as well as widely used local wallets and bank-based payment options.

Meanwhile, as a local payment solutions provider and merchant of record, Wayl supports businesses with market entry, localised payment flows and operational readiness, helping reduce the friction typically associated with launching in new geographies and supporting merchants operating through an e-commerce platform in Iraq.

Nader Abdelrazik, Co-Founder and CEO of MoneyHash, explains: “Expanding into markets like Iraq requires more than technical reach. It requires local understanding and trusted partners.” He adds: “Our partnership with Wayl reflects our approach to market expansion: working with strong local players to help businesses access new geographies while navigating payment complexity with confidence.”