Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Join the forum, it's quick and easy

Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    The Petroleum Products Distribution Company sets the date for permanently canceling cash trading

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 269868
    Join date : 2012-12-21

    cash - The Petroleum Products Distribution Company sets the date for permanently canceling cash trading Empty The Petroleum Products Distribution Company sets the date for permanently canceling cash trading

    Post by Rocky Thu 18 Jan 2024, 2:09 pm

    [size=46]The Petroleum Products Distribution Company sets the date for permanently canceling cash trading[/size]
    Economy
    16:51 - 2024-01-18
    [You must be registered and logged in to see this image.]
    The Petroleum Products Distribution Company in the Ministry of Oil announced today, Thursday, that the volume of product sales through the electronic payment system has increased to 13 billion per day, while setting the date for the final cancellation of cash trading.
    The company’s general manager, Hussein Talib, said in a press interview: “The movement of selling petroleum products through electronic payment has risen to 13 billion dinars per day after it ranged between 10-11 billion, whether at government and private gas stations or supplying generators and agents with gasoline and kerosene.” Gas and mobile phones,” he said, noting that “the demand for electronic payments is increasing dramatically daily.”
    He added, "Our company obligated the electronic payment gateways to nominate employees authorized by these companies to collect money from citizens through electronic payment."
    He pointed out that “the directives of Prime Minister Muhammad Shiaa Al-Sudani set next June of 2024 as the date for ending cash trading and adopting the electronic payment card,” stressing that “the company has a plan to end cash trading at the end of next March, that is, in the first quarter.” From 2024.”
    He explained, "Adopting electronic payment and ending cash circulation will serve citizens, ensure that fuel is sold to them at the official price, and preserve state funds from theft and manipulation."
    He stated, "Iraq is very late in the issue of electronic payment, as the countries of the world preceded it for a long time in the field of technology and electronic payment. Therefore, the Prime Minister insists on ending cash circulation and adopting the electronic payment system in 2024."
    The Petroleum Products Distribution Company introduced the electronic payment service at gas stations since April 2023, and began gradually spreading the experiment to fuel filling stations in Baghdad and the governorates.

    [You must be registered and logged in to see this link.]

      Current date/time is Sat 11 May 2024, 6:21 am