Switch review
Updated October 12, 2026 · SumCue Editorial Team
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Our verdict
Switch is a financial services provider offering money transfers, a mobile app and electronic cards for individuals, merchants and banks in Iraq and beyond. Its cards and app transfers help households that pay online and send money to family and friends across borders.
Key facts
- Best for
- Anyone in Iraq who pays online and sends money abroad
- Card type
- Prepaid↗
- Card network
- Mastercard↗
- Legal entity
- Iraq Electronic Gate for Financial Services Company (SWITCH)↗
- Founded
- 2016↗
- Features
- Virtual card
- Official website
- switch.com.iq
Facts checked September 26, 2026, 2 sources
Pros and cons
Pros
- Its app lets users buy electronic gift cards from major online retailers.
- International money transfers go through a large network of agents and service offices.
- Electronic cards issued through the app work for daily use and online transactions.
Cons
- Electronic cards are issued only through the Switch mobile app.
- International money transfers run through a single money transfer partner, limiting choice.
Who it suits
- Iraqi households needing daily cards and cross-border remittances
- Travelers sending cash to relatives back home
Who should look elsewhere
- People wanting walk-in service points for cards or transfers
How your money is protected
Your money is protected by the way Switch builds its services. Its international money transfers are reliable and secure, moving value through a wide network of agents, banks, currency exchanges and dedicated service offices across borders. Cards issued through the app act as flexible and secure payment tools, providing a reliable channel for daily and online payments. Within the app, you can check your account balance and review card transaction details, so spending stays visible and every purchase remains traceable.
How Switch compares
Where Switch is available
- Available
- Iraq
- Licence in Iraq
- Central Bank of Iraq (4), checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
Which countries can Switch serve?+
Switch offers money transfer services across borders and countries through a broad agent network. Its cards support daily use and online transactions for customers in Iraq and beyond, with further reach available through the app.
What kinds of electronic cards does Switch issue?+
The company offers a diverse range of electronic cards issued through its app. These cards are designed for daily use and for making online transactions, providing flexible and secure payment solutions. They are available to app customers alongside other Switch financial services.
Where can recipients collect money sent via Switch?+
Recipients can collect transferred funds as cash, in bank accounts, or via digital wallets in some cases, for family and friends abroad, through a broad network of agents, banks, currency exchanges and dedicated service offices worldwide.
Who can access Switch's services?+
Individuals, merchants and banks can all use Switch's suite of financial services. The app's money transfer features work through a partnership with an international money transfer provider, while the app can also be white-labelled for financial companies.
Which company operates Switch?+
Switch is operated by Iraq Electronic Gate for Financial Services Company (SWITCH). (Source, checked September 26, 2026)
When was Switch founded?+
Switch was founded in 2016. (Source, checked September 26, 2026)
Sources
- switch.com.iq/about-us checked September 26, 2026
Backs: Founded, Legal entity, Licences
“in 2016, we launched Iraq Electronic Gate for Financial Services Company (SWITCH)”
- switch.com.iq/content/our-products/aghati-mastercard.html checked September 26, 2026
Backs: Card type, Card network
“Aghati Mastercard is a prepaid card issued through the Switch app”
- switch.com.iq/content/plastic-cards checked September 26, 2026
Backs: Features
“Whether you require a virtual card for online purchases or a one-time use card”
Compiled from 3 source pages, checked October 13, 2026. We did not open an account.
Not confirmed yet: Monthly fee, Currency conversion fee, Free ATM withdrawals, Protection.