The Internet’s Money

Payment processor · Middle East

Does PayPal work in Iraq?

Unconfirmed.

Not confirmed. PayPal serves most countries, but we have not yet reviewed whether it onboards businesses registered in Iraq. Check with PayPal directly.

Not confirmed

What a business in Iraq can use

PayPal’s products, for a company incorporated in Iraq.

Accept paymentsNot confirmed

PayPal wallet, cards and (in the US) Venmo at checkout, with buyer and seller protection.

Pay people abroadNot confirmed

Mass payouts to PayPal and Venmo accounts worldwide. Bank payouts go through Hyperwallet.

Multi-currency accountNot confirmed

Hold balances in 20+ currencies inside a PayPal business account.

Business cardsNot available

PayPal Business Debit Mastercard.

StablecoinsNot available

US businesses can accept crypto through Pay with Crypto and hold PayPal USD (PYUSD).

Yield on idle cashNot available

US businesses holding PayPal USD (PYUSD) in their PayPal balance can opt in to rewards of around 3.7–4% a year, funded from the stablecoin’s reserve interest. Not available in New York.

PayPal publishes a seller country table. In countries it marks “send only”, businesses can pay but cannot receive payments. PayPal suspended its services in Russia in March 2022.

Onboarding confidence: medium. Source: PayPal worldwide. Everything about PayPal

Alternatives in Iraq

Other providers that serve businesses registered there.

Selling to Iraq

How people there prefer to pay online.

  1. 1Cash
  2. 2ZainCash mobile wallet
  3. 3Qi Card (government salary / pension cards)

Stablecoin rules in Iraq

High riskRestricted

Using stablecoins to pay is banned or tightly restricted.

PayPal’s stablecoin products are not available to businesses here.

Everything about 🇮🇶 Iraq →

Common questions

Does PayPal work in Iraq?

Not confirmed. PayPal serves most countries, but we have not yet reviewed whether it onboards businesses registered in Iraq. Check with PayPal directly.

What are the alternatives to PayPal in Iraq?

Providers that onboard businesses registered in Iraq: Payoneer. With limits: Flutterwave, Razorpay and Xendit.

Can a business in Iraq use PayPal for stablecoins?

No, according to our data. Stablecoin rules in Iraq: Restricted (high risk). The central bank prohibits dealing in crypto assets.

PayPal elsewhere in Middle East

Other providers in Iraq