The journey
Six beats from phone OTP to Shetab spend — scroll to advance.
Journey · 1/6
Phone OTP
Stage advances as you scroll
Phone OTP
Create an account with your phone. PoC uses FakeOtp (code in the API log) — no real SMS. No email required.
Passport KYC
Submit a passport photo and a short video reading the number. Staff approve or reject by hand. No Iranian residency required.
Meet a named agent
Sample PoC agents only — e.g. Baghdad and Mashhad. Arrange funding and card handover over WhatsApp. Pickup is a meeting, not a shipment.
Fund the wallet
The agent confirms cash or FX received; operations credits the wallet against that confirmation. Replaying the same confirmation does not credit twice.
FX with headline spread
See the quoted rate and headline spread before you confirm. Demo figures are illustrative — not a published commercial fee schedule.
Spend on Shetab
After the agent records handover, pay ordinary Iranian POS, ATM, and online merchants. Freeze from the app if needed.
Why Ray is narrow on purpose
Money only
Not a travel super-app. No hotels, tickets, SIM, or investment bolted on. One job: move and spend rial.
Spread as a headline
Competitors bury FX. Ray surfaces the conversion spread wherever rates appear — before you convert.
Complete history
POS, ATM, top-up, conversion, and off-ramp in one list. No silent gaps — the leak we refuse to repeat.
Named walk-in agents
Trust is a person you can find. Public copy only lists cities where a contracted agent actually sits.
Sample PoC agent cities
Launch coverage is small on purpose. These two are sample proof-of-concept agents — not a national franchise.
Iraq · sample PoC agent
Baghdad
Iran · sample PoC agent
Mashhad
Rates & spread
Every conversion shows a quoted rate and a headline spread before you confirm. The number itself is configuration and may change; what does not change is that the spread is never fine print. Historical conversions remain reconstructable from the ledger.
We do not publish a live public fee schedule as fact while the commercial model is still open. Demo rates are illustrative.
Built for Arabic-speaking travellers
Iraq first, then GCC and Mashhad pilgrimage traffic. Android-weighted. Support over human WhatsApp. English exists so staff and partners can operate.
Honest status
This is a Stage 1–3 proof of concept. Agent cities and rates you see here or in demos are sample data. We do not claim a banking licence, a regulator relationship, a named partner bank, live user counts, testimonials, or ratings. Until those are signed, marketing states none of them as fact.