27-11-2013 .. Baghdad (news) .. The economic expert Dargham Muhammad Ali, the importance of the use of the banking system to facilitate telephone banking and develops, the condition that governs the strict controls to maintain the integrity and confidentiality of accounts balances.
Mr Mohamed Ali (of the Agency news): The adoption of payment using the telephone service is a pattern ahead of Wamena to repay the banking system provided successful database provides an honest and sober telephone companies maintain customer funds.
He added that Iraq is at present suffering from the problems of the provisions of the assets and databases in the mobile phone companies that work under this system must be strict controls to maintain the integrity and confidentiality of accounts balances.
He continued: in addition to give guarantees for compensation in the event of the company caused Da?at money in customers and dealers and other than these guarantees, the work-up to be obsolete payment way unsecured and vulnerable to piracy or embezzlement by some weak souls.
He pointed out: that the database provides an honest and determinants of the value of the amounts transferred to cap upper limit in order to Aissar to the financing of terrorism or laundering of money under the guise of such transfers and thus the process is guaranteed and safer and more convenient than the conversion of funds with more conventional approaches.