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Association of Private Banks: Central bank measures contribute to an increase in electronic commerce

rocky
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Post by rocky on Tue 17 Mar 2020, 9:17 am

Association of Private Banks: Central bank measures contribute to an increase in electronic commerce
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Economie


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2020-03-17 | 09:05
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The Association of Iraqi private banks considered, on Tuesday, that the recent central bank measures contribute to an increase in electronic commerce.


The executive director of the Association of Banks [url=https://www.alsumaria.tv/Entity/1685245967/%D8%B9%D9%84%D9%8A %D8%B7%D8%A7%D8%B1%D9%82/ar/]Ali Tariq[/url] said in a statement that Alsumaria News received a copy of it, "The current situation requires us to use electronic payment tools and stay away from cash transactions in order to avoid the Iraqi economy the problems caused by dealing in cash."






 
He added that " [url=https://www.alsumaria.tv/Entity/314357766/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A %D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A/ar/]the Central Bank of Iraq has[/url] taken a series of measures to encourage citizens to use electronic payment, including making the commission zero for the merchant when using points of sale for a period of six months starting today, in addition to providing new products and banking financial services that suit all groups of society", explaining that " An Iraqi citizen can purchase his bank card from inside and outside [You must be registered and logged in to see this link.]  without any commission in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market.



He stressed that "there is a quantitative importance for the owners of retail stores and large merchants using electronic payment tools, including increasing their financial revenues and merging between electronic and traditional trade together, as shop owners can display their goods on their sites and other sites such as Facebook and [You must be registered and logged in to see this link.]  and sell them to citizens directly and receive the goods money at the same moment While protecting the consumer and avoiding commercial fraud. "


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Post by rocky on Tue 17 Mar 2020, 5:07 pm


Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce

17:35 - 17/03/2020



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The information / Baghdad ..
The Association of Iraqi Private Banks announced on Tuesday that the Central Bank of Iraq will take a series of measures to encourage citizens to use electronic payment tools and gradually move from cash to electronic transactions, indicating that these decisions are in the interest of citizens and merchants and will contribute to increasing electronic commerce in [You must be registered and logged in to see this link.]  .
The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, said in a statement received / information / that "the current situation requires us to use electronic payment tools and to stay away from cash transactions in order to avoid the Iraqi economy the problems caused by dealing in cash."
He added, "The Central Bank of Iraq has taken a series of measures to encourage citizens to use electronic payment, including making the commission zero for the merchant when using points of sale for a period of six months starting today, in addition to providing new products and banking financial services that suit all groups of society." "The Iraqi citizen can buy his bank card from inside and outside [You must be registered and logged in to see this link.]  without any commission in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market."
He stressed that “there is a quantitative importance for the owners of retail stores and big merchants by using electronic payment tools, including increasing their financial revenues and merging between electronic and traditional trade together, as shop owners can display their goods on their sites and other sites such as Facebook and Instagram and sell them to citizens directly and receive the goods money at the same moment with Protecting the consumer and avoiding commercial fraud.
He believed that "owners of hotels, restaurants and other stores can also maintain their customers and increase their revenues through the adoption of an incentive system that is to give points to the customer when his purchases reach $ 100, for example, he will get a gift or one night stay for free in the hotel and others. ”
He pointed out that "the increase in electronic payment tools depends heavily on the citizen, as electronic payment companies carry out a wide campaign to educate and publish their devices for free, and that electronic payment contributes to reducing losses for shop owners and keeping theft away by depositing money directly into his bank account with his access to bank interest ”
He pointed out that "the increase in electronic payment users will contribute to attracting the large monetary block in homes that exceed more than $ 30 billion to the banking sector and entering it within the economic cycle, including contributing to the development of the Iraqi economy." 25 h has ended


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Post by rocky on Tue 17 Mar 2020, 5:13 pm

[size=36]The Association of Banks praises the decisions of the Central Bank: will contribute to increasing e-commerce[/size]

Economy | 05:13 - 3/17/2020

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Baghdad - Mawazine News
praised the Iraqi Private Banking Association, on Tuesday, the Central Bank’s decisions to use electronic payment tools, while confirming that these decisions will contribute to an increase in electronic commerce.
The association stated in a statement received / Mawazine News / a copy of it, that "the CBI takes a series of measures to encourage citizens to use electronic payment tools and gradually move from cash to electronic transactions, in the interest of citizens and merchants and will contribute to increasing electronic commerce in Iraq."
And the association's executive director, Ali Tariq, said, "The current situation requires us to use electronic payment tools and stay away from cash transactions in order to avoid the Iraqi economy the problems caused by dealing in cash."
Tariq added, "The Central Bank of Iraq has taken a series of measures to encourage citizens to use electronic payment, including making the commission zero for the merchant when using points of sale for a period of six months starting today, in addition to providing new products and banking financial services that suit all groups of society." "The Iraqi citizen can purchase his bank card from inside and outside Iraq without any commission in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market."
He stressed, "There is a quantitative importance for the owners of retail stores and large merchants using electronic payment tools, including increasing their financial revenues and merging between electronic and traditional trade together, as store owners can display their goods on their sites and other sites such as Facebook and Instagram and sell them to citizens directly and receive the goods money at the same moment. While protecting consumers and avoiding commercial fraud
He explained, "The owners of hotels, restaurants and other stores can also maintain their customers and increase their revenues through the adoption of an incentive system that is to give points to the customer when his purchases reach $ 100, for example, he will get a gift or one night stay for free in the hotel and others."
He pointed out, "The increase in electronic payment tools depends heavily on the citizen, as electronic payment companies carry out a wide campaign to educate and publish their devices for free, and electronic payment contributes to reducing losses for shop owners and to keep away theft by depositing money directly into his bank account with receiving interest." Banking. "
And between, "The increase in electronic payment users will contribute to attracting the large monetary block in homes that exceed more than 30 billion dollars to the banking sector and entering it within the economic cycle, including what contributes to the development of the Iraqi economy." Ended 6/29 n


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rocky
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Post by rocky on Tue 17 Mar 2020, 5:25 pm

 Association of Private Banks: The recent decisions of the Central Bank contribute to increasing electronic commerce

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Economy News _ Baghdad
The Association of Iraqi Private Banks announced that the Central Bank of Iraq has taken a series of measures to encourage citizens to use electronic payment tools and gradually move from cash to electronic transactions, indicating that these decisions are in the interest of citizens and merchants and will contribute to increasing electronic commerce in Iraq. 
The executive director of the Association of Iraqi Private Banks, Ali Tariq, said in a press statement seen by "Al-Iqtisad News", that the current situation requires us to use electronic payment tools and stay away from cash transactions in order to avoid the Iraqi economy the problems caused by dealing in cash. 
He added that the Central Bank of Iraq has taken a series of measures to encourage citizens to use electronic payment, including making the commission zero for the merchant when using points of sale for a period of six months starting today, in addition to providing new products and banking financial services that suit all groups of society, explaining that the Iraqi citizen can Buy with his bank card from inside and outside Iraq without any commission in addition to using the official exchange rate approved by the central bank and not the exchange rate in the market. 
He stressed that there is a quantitative importance for the owners of retail stores and large merchants using electronic payment tools, including increasing their financial revenues and merging between electronic and traditional trade together, as shop owners can display their goods on their sites and other sites such as Facebook and Instagram and sell them to citizens directly and receive the goods money at the same moment while protecting The consumer and avoid commercial fraud.   
He stressed that the owners of hotels, restaurants and other stores can also maintain their customers and increase their revenues through the adoption of an incentive system, which is to give points to the customer when his purchases reach $ 100, for example, he will get a gift or one night stay for free in the hotel and others. 
He pointed out that the increase in electronic payment tools depends heavily on the citizen, as electronic payment companies carry out a wide campaign to educate and publish their devices for free, and that electronic payment contributes to reducing losses for shop owners and keeping theft away by depositing money directly into his bank account with his access to bank interest. 
He pointed out that the increase in electronic payment users will contribute to attracting the large monetary block in homes that exceed more than $ 30 billion to the banking sector and entering it within the economic cycle, including contributing to the development of the Iraqi economy.

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