NEO Pay Iraq issues virtual and physical prepaid cards linked to a digital mobile app, allowing Iraq residents to shop and pay online through websites, mobile apps, and POS machines. The company claims to have processed $400 million in transactions in 2023. The app has been downloaded 300,000 times. The company had 100,000 active users as of December 2023. In 2023, NEO Pay launched a Visa platinum business card dedicated to business owners and professionals in Iraq. It had issued 208,000 cards as of March 2024.