Egypt's MoneyHash & Iraqi Startup Wayl Partner to Expand E-Payments

MoneyHash, a payment orchestration platform that helps businesses manage and route transactions across multiple payment providers through a single integration, has partnered with Wayl, an Iraq-based payment solutions provider and merchant of record, to support companies expanding into Iraq.

Payment orchestration platforms like MoneyHash sit between merchants and banks, card networks, and digital wallets, enabling businesses to optimise payment flows, reduce failed transactions and manage multiple providers without building separate integrations for each market.

Wayl operates local payment infrastructure in Iraq, providing access to widely used domestic wallets, bank-based payment options and localised checkout systems. As a merchant of record, Wayl can legally process payments on behalf of foreign businesses, handling regulatory and operational requirements within the country.

The collaboration connects MoneyHash’s orchestration layer with Wayl’s on-the-ground payment rails, allowing merchants to accept international card schemes alongside Iraqi payment methods through a unified system.