"A historic opportunity"... The Association of Banks identifies the most prominent challenges facing electronic payment
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
Economy News - Baghdad
[rtl]The Executive Director of the Association of Private Banks, Ali Tariq, confirmed today, Monday, that there is a clear and tangible increase in the volume of daily payments through electronic payment cards, while identifying the most prominent challenges facing this matter.[/rtl]
[rtl]Tariq said, in an interview with the official newspaper and followed by “Al-Iqtisad News,” that “the current year will witness the launch of the Iraqi National Company for the Management of Payment Systems, which contributes to facilitating government payments via the Internet, and there will be a wider spread of payment systems throughout institutions and the provision of broader programs to stimulate the use of payment.” "electronic".[/rtl]
[rtl]He added, "The directions of the government and the Central Bank provide a historic opportunity to stimulate and use electronic payment, as these trends witness a clear focus and the issuance of many decisions that serve to accelerate its use in a way that ensures expansion of its adoption," pointing out that "Iraq is witnessing, for the first time, decisions that serve the electronic payment process." In light of the presence of infrastructure at the central bank, the banking system, and electronic payment companies.”[/rtl]
[rtl]He pointed out that "the outside world has witnessed a major revolution in the field of electronic payment and the move away from cash dealing completely, because of the safe paths it provides for funds and their transfer without any disruption. In Iraq, electronic payment will expand to the extent that the benefits of the largest segment of society will be felt."[/rtl]
[rtl]Tariq revealed that “the number of electronic payment points tripled during the year 2023, and it is hoped that it will double to greater and greater levels in the coming period.”[/rtl]
[rtl]He stated that "last year witnessed a transition in expanding the use of electronic payment, as the collection project for government and private institutions was approved in the middle of last year, which was an important detail of the government program and within the strategy of the Central Bank of Iraq."[/rtl]
[rtl]He stated that "electronic payment follows several paths, the most important of which is providing POS acceptance points in government institutions and private projects, noting that the number of cards today in Iraq exceeds 15 million cards of various types, and that issuing electronic payment cards is not a complicated matter."[/rtl]
[rtl]Regarding the transition to fully adopting electronic payment, Tariq pointed out that “the matter requires the presence of at least one electronic payment method in government and private institutions to ensure easy performance for the citizen,” pointing out that “all institutions now have electronic payment acceptance devices, but no The citizen is forced to adopt this mechanism.”[/rtl]
[rtl]He pointed out that "the most important challenges facing this matter are the need for broad education campaigns for all segments of society in order to achieve the widest spread after knowing the benefits obtained through electronic payment, which greatly reduces corruption and provides safe transactions."[/rtl]
Views 94
Added 01/15/2024 - 9:35 AM
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]
Economy News - Baghdad
[rtl]The Executive Director of the Association of Private Banks, Ali Tariq, confirmed today, Monday, that there is a clear and tangible increase in the volume of daily payments through electronic payment cards, while identifying the most prominent challenges facing this matter.[/rtl]
[rtl]Tariq said, in an interview with the official newspaper and followed by “Al-Iqtisad News,” that “the current year will witness the launch of the Iraqi National Company for the Management of Payment Systems, which contributes to facilitating government payments via the Internet, and there will be a wider spread of payment systems throughout institutions and the provision of broader programs to stimulate the use of payment.” "electronic".[/rtl]
[rtl]He added, "The directions of the government and the Central Bank provide a historic opportunity to stimulate and use electronic payment, as these trends witness a clear focus and the issuance of many decisions that serve to accelerate its use in a way that ensures expansion of its adoption," pointing out that "Iraq is witnessing, for the first time, decisions that serve the electronic payment process." In light of the presence of infrastructure at the central bank, the banking system, and electronic payment companies.”[/rtl]
[rtl]He pointed out that "the outside world has witnessed a major revolution in the field of electronic payment and the move away from cash dealing completely, because of the safe paths it provides for funds and their transfer without any disruption. In Iraq, electronic payment will expand to the extent that the benefits of the largest segment of society will be felt."[/rtl]
[rtl]Tariq revealed that “the number of electronic payment points tripled during the year 2023, and it is hoped that it will double to greater and greater levels in the coming period.”[/rtl]
[rtl]He stated that "last year witnessed a transition in expanding the use of electronic payment, as the collection project for government and private institutions was approved in the middle of last year, which was an important detail of the government program and within the strategy of the Central Bank of Iraq."[/rtl]
[rtl]He stated that "electronic payment follows several paths, the most important of which is providing POS acceptance points in government institutions and private projects, noting that the number of cards today in Iraq exceeds 15 million cards of various types, and that issuing electronic payment cards is not a complicated matter."[/rtl]
[rtl]Regarding the transition to fully adopting electronic payment, Tariq pointed out that “the matter requires the presence of at least one electronic payment method in government and private institutions to ensure easy performance for the citizen,” pointing out that “all institutions now have electronic payment acceptance devices, but no The citizen is forced to adopt this mechanism.”[/rtl]
[rtl]He pointed out that "the most important challenges facing this matter are the need for broad education campaigns for all segments of society in order to achieve the widest spread after knowing the benefits obtained through electronic payment, which greatly reduces corruption and provides safe transactions."[/rtl]
Views 94
Added 01/15/2024 - 9:35 AM
[You must be registered and logged in to see this link.]
Yesterday at 7:20 am by Rocky
» Did Barzani agree in Tehran to end the presence of Iranian groups in Kurdistan? - urgent
Yesterday at 7:16 am by Rocky
» Al-Sudani: We are establishing a new situation for the global energy market through the Development
Yesterday at 7:14 am by Rocky
» Al-Sudani: The government program devoted a wide scope to the government’s vision for oil and gas in
Yesterday at 7:11 am by Rocky
» Al-Awadi: Ending the work of the UNAMI mission is consistent with the government’s vision in this fi
Yesterday at 7:10 am by Rocky
» utube 5/9/24 MM&C 0:02 / 46:46 PM - Al-Sudani - Golden Opportunity - Private Sector - Contra
Yesterday at 5:34 am by Rocky
» utube MM&C 5/11/24 Iraqi Dinar - IQD Update - International - IraqTiming - 2024 Budget Schedule - Sp
Yesterday at 5:32 am by Rocky
» MM&C Floating the dinar" returns to the forefront.. Will the Central Bank of Iraq resort to it and w
Yesterday at 5:24 am by Rocky
» The Secretary of the Ministry of Defense meets with the Commander of the NATO mission
Yesterday at 5:17 am by Rocky
» Expert: The stability of the economy is linked to the political situation
Yesterday at 5:13 am by Rocky
» A parliamentary request to lift the injustice against 20,000 Iraqi employees
Yesterday at 5:09 am by Rocky
» Parliamentary Finance criticizes the government's failure to send the budget schedules
Yesterday at 5:08 am by Rocky
» Minister of Oil: The 5th and 6th licensing rounds will take place within the framework of exploratio
Yesterday at 5:07 am by Rocky
» Al-Sudani: Iraq is a difficult number in the global market in the field of energy
Yesterday at 5:06 am by Rocky
» Al-Khanjar rejects Al-Halbousi’s request to head Parliament
Yesterday at 5:05 am by Rocky
» Revealing the date of the arrival of the 2024 budget schedules
Yesterday at 5:04 am by Rocky
» Al-Halbousi nominates Talal Al-Zubaie for presidency of the House of Representatives
Yesterday at 5:03 am by Rocky
» "A coup in Iraqi universities"... Replacement of presidents and deans under the new education law
Yesterday at 5:01 am by Rocky
» Al-Sudani: Iraq is a difficult number in the equation of energy and oil wealth in the region and the
Yesterday at 5:00 am by Rocky
» Minister of Oil: We hope to announce an increase in Iraq’s oil reserves to 160 billion barrels
Yesterday at 4:58 am by Rocky
» Iraq's mass graves...stories that did not end with the burial of their owners, and the "legacy of IS
Yesterday at 4:57 am by Rocky
» Pictures: New licenses in Iraq to extract “huge” quantities of oil and gas
Yesterday at 4:56 am by Rocky
» Transport reopens the Baghdad - Samarra railway line
Yesterday at 4:55 am by Rocky
» Al-Awadi: A government decision to provide sovereign guarantees and guarantees to encourage the inve
Yesterday at 4:54 am by Rocky
» Oil clarifies the mechanism for investing grant funds and licensing contracts
Yesterday at 4:51 am by Rocky
» A $700 million agreement is signed between Iraq and Italy to finance these projects
Yesterday at 4:50 am by Rocky
» Iraq recovers 90 billion dinars from social protection violators
Yesterday at 4:49 am by Rocky
» Sudanese officially launches the two licensing rounds and sets the date for stopping gas burning
Yesterday at 4:48 am by Rocky
» An economic vision for the standard of competition for exploratory plots in Iraq
Yesterday at 4:47 am by Rocky
» The Iraqi Islamic Bank announces an increase in its capital to 300 billion dinars
Yesterday at 4:46 am by Rocky
» A communication from the Ministry of Health to the Ministry of Interior in Kurdistan regarding “herb
Yesterday at 4:44 am by Rocky
» Popular agreement to end the “cancer towers” crisis in the oldest villages of Diyala.. Document
Yesterday at 4:42 am by Rocky
» What is the reason for OPEC's decision to stop publishing its estimates of the volume of global dema
Yesterday at 4:41 am by Rocky
» It includes 29 projects in 12 governorates.. Launching the fifth supplementary licensing round and t
Yesterday at 4:40 am by Rocky
» Among them are 8 Chinese companies...an economic view of the criteria for competition over explorato
Yesterday at 4:38 am by Rocky
» Sudanese: Gas burning will stop within 3-5 years
Yesterday at 4:38 am by Rocky
» With the extension of its legislative term.. Will the Iraqi parliament succeed in resolving the budg
Yesterday at 4:36 am by Rocky
» Al-Sudani's angry message to Guterres: We do not need UNAMI.. Describe your belongings and leave
Yesterday at 4:35 am by Rocky
» As a result of corruption charges... Parliamentary signatures were collected to dismiss the director
Yesterday at 4:33 am by Rocky
» 13 countries are competing for 29 fields, and Anbar and Muthanna have the lion’s share... Details of
Yesterday at 4:30 am by Rocky
» Ending the international coalition’s mission...negotiations may take more time
Yesterday at 4:29 am by Rocky
» Oil reveals a mechanism to support services and establish infrastructure projects in the producing g
Yesterday at 4:27 am by Rocky
» Al-Hakim: The future cannot be mortgaged to volatile oil prices
Yesterday at 4:26 am by Rocky
» The New Generation Movement files a lawsuit to dissolve the regional government: It is unable to mak
Yesterday at 4:24 am by Rocky
» Al-Sudani: The government program devoted a wide scope to the government’s vision for oil and gas in
Yesterday at 4:23 am by Rocky
» Al-Rafidain: Loans for purchasing residential units start from 5 to 150 million
Yesterday at 4:21 am by Rocky
» Iraq launches a new licensing round to develop oil and gas fields
Yesterday at 4:20 am by Rocky
» Signing an agreement between Iraq and Italy to finance industrial projects worth $700 million
Yesterday at 4:19 am by Rocky
» Minister of Oil: Soon we will announce the increase in Iraq’s oil reserves to 160 billion barrels
Yesterday at 4:18 am by Rocky
» The Chinese company ZPEC wins the investment in the East Baghdad field - the northern extensions
Yesterday at 4:17 am by Rocky
» utube 5/9/24 Iraqi Dinar | Ali Alaq Announced New Rate Finally Showing New Rate On Tv Screen | Din
Fri 10 May 2024, 4:55 pm by Rocky
» A leader in the National Bank: We are committed to the federal decision and to postpone the election
Fri 10 May 2024, 9:28 am by Rocky
» Al-Hakim: Iraq's future cannot be mortgaged to volatile oil prices
Fri 10 May 2024, 9:24 am by Rocky
» The conflict of the corridors: the path to development from a historical perspective and the door to
Fri 10 May 2024, 9:22 am by Rocky
» The Kurdistan Region demands that the federal government spend 1.1 billion dinars.. What is the reas
Fri 10 May 2024, 9:21 am by Rocky
» Tomorrow, Iraq is preparing to launch a complementary round of gas licensing
Fri 10 May 2024, 9:19 am by Rocky
» A government move to restore the funds of the Trade Bank of Iraq
Fri 10 May 2024, 9:17 am by Rocky
» The Central Bank informs France of plans to restructure the banking sector
Fri 10 May 2024, 9:15 am by Rocky
» A government advisor reveals the fate of the budget tables
Fri 10 May 2024, 9:13 am by Rocky
» Iranian mediation between Baghdad and Erbil... Revealing the most prominent files of Raisi’s visit t
Fri 10 May 2024, 9:10 am by Rocky
» Reconstruction and development is a priority.. A parliamentary committee follows up and monitors gov
Fri 10 May 2024, 9:08 am by Rocky
» Al-Hakim comments on the agreements concluded with Türkiye and confirms: Iraq is on the right path
Fri 10 May 2024, 9:06 am by Rocky
» Tomorrow... Iraq takes a step that will give it gas equivalent to 200% of imported Iranian gas
Fri 10 May 2024, 9:04 am by Rocky
» A long and disturbing message.. The Iraqi government “blames” the United Nations because of “other p
Fri 10 May 2024, 9:00 am by Rocky
» The Governor of the Central Bank and the French Ambassador discuss developments in the banking secto
Fri 10 May 2024, 5:18 am by Rocky
» Al-Bajari: Iraqi companies will have a great opportunity to work after opening the door to investmen
Fri 10 May 2024, 5:16 am by Rocky
» Transparency: Imports from Sulaymaniyah and Halabja during the past week amounted to more than 10 bi
Fri 10 May 2024, 5:13 am by Rocky
» Al-Sudani: The delayed projects left great damage to the level of services in Babylon
Fri 10 May 2024, 5:12 am by Rocky
» Economist: The fluctuation of the dollar is “the balance of speculators”
Fri 10 May 2024, 5:10 am by Rocky
» {Al-Furat News} publishes the text of Al-Sudani’s request to Guterres to end UNAMI’s work in Iraq
Fri 10 May 2024, 5:08 am by Rocky
» A former MP accuses Türkiye of transferring its conflict with the workers to Iraq
Fri 10 May 2024, 5:05 am by Rocky
» A call to the Sudanese to remove American forces from Iraq
Fri 10 May 2024, 5:03 am by Rocky
» Oil Parliament: Ankara holds Erbil responsible for the oil fines it owes
Fri 10 May 2024, 5:02 am by Rocky
» The government is silent...the reality of removing American forces from Iraq
Fri 10 May 2024, 5:01 am by Rocky
» The radiation protection law in the first session of the next legislative term
Fri 10 May 2024, 5:00 am by Rocky
» A Spanish company raises controversy and a representative reveals a parliamentary movement against i
Fri 10 May 2024, 4:59 am by Rocky
» Sudanese officially requests the end of the United Nations mission in Iraq / documents
Fri 10 May 2024, 4:58 am by Rocky
» Because its sessions were not held, the Kirkuk Council faces a judicial complaint, and its members d
Fri 10 May 2024, 4:56 am by Rocky
» Former US Chief of Staff: We slaughtered huge numbers of innocent people in Iraq and other countries
Fri 10 May 2024, 4:55 am by Rocky
» The Association of Private Banks counts the percentage of shares traded on the stock market during a
Fri 10 May 2024, 4:53 am by Rocky
» The European Union and Iraq agree to increase cooperation between them
Fri 10 May 2024, 4:52 am by Rocky
» American Bank: Expectations to increase Iraq’s oil capacity in 2025
Fri 10 May 2024, 4:50 am by Rocky
» Central Bank Governor to the French Ambassador: The plan to restructure government banks will change
Fri 10 May 2024, 4:48 am by Rocky
» Integrity confirms working to conclude a memorandum of understanding with the Kuwaiti Anti-Corruptio
Fri 10 May 2024, 4:47 am by Rocky
» Highlights of the Prime Minister's visit to Babylon
Fri 10 May 2024, 4:46 am by Rocky
» The Minister of Transport discusses with a Turkish delegation the latest developments in the develop
Fri 10 May 2024, 4:44 am by Rocky
» Free of charge.. Issuing approximately 13 thousand unified cards for those covered by social protect
Fri 10 May 2024, 4:42 am by Rocky
» A parliamentary committee advises the government to deter trespassers: Slums are one of the reasons
Fri 10 May 2024, 4:41 am by Rocky
» Embassy Protection confirms to “Baghdad Today”: The missions are safe and we have taken proactive me
Fri 10 May 2024, 4:38 am by Rocky
» Water resources resolve the controversy of the “Wadi Al-Tea” project.. It will nourish the Hamrin ic
Fri 10 May 2024, 4:37 am by Rocky
» After approving the National Security Strategy...a parliamentary movement to host “responsible” figu
Fri 10 May 2024, 4:36 am by Rocky
» Al-Hakim calls for the distribution of plots of land to the families of the martyrs of the Popular M
Fri 10 May 2024, 4:34 am by Rocky
» Order 160 Committee completes the “port scandals” papers... and searches for a legal outlet for impl
Fri 10 May 2024, 4:33 am by Rocky
» It revealed the details of its contract with four companies to complete the census requirements... P
Fri 10 May 2024, 4:31 am by Rocky
» Egypt, Morocco and Qatar praise the Iraqi Integrity proposal to establish the Arab Law Enforcement C
Fri 10 May 2024, 4:30 am by Rocky
» The Iraqi Parliament enters its legislative recess and requires holding an “extraordinary” session o
Fri 10 May 2024, 4:28 am by Rocky
» The Sudanese has not rested since the morning.. He carried out 12 activities and allocated a trillio
Fri 10 May 2024, 4:27 am by Rocky
» Blinken's agent: Erbil is a strategic ally of Washington in a 360-degree relationship
Fri 10 May 2024, 4:25 am by Rocky
» Oil seeks to convert refinery products to “Euro 5”... high quality and environmentally friendly
Fri 10 May 2024, 4:24 am by Rocky