Iraq Wallet was licensed to develop an e-payment services by the Central Bank of Iraq (CBI) to provide e-payment solutions under the commercial name ZainCash.[citation needed] ZainCash is a mobile wallet linked to the individual SIM card that allows the user to transfer money, pay bills electronically, shop online, buy Mastercard, and receive payments, among other personal banking services.[citation needed] Zain Cash provided their users with an international Mastercard called the WalletCard that was launched in November 2018.[citation needed]