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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

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Established in 2006 as a Community of Reality

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    An economist shows the pros and cons of switching to electronic financial payment

    Rocky
    Rocky
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    An economist shows the pros and cons of switching to electronic financial payment Empty An economist shows the pros and cons of switching to electronic financial payment

    Post by Rocky Sat 25 Nov 2023, 10:38 am

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    [size=52]An economist shows the pros and cons of switching to electronic financial payment[/size]
    • Today 18:29




    Information/private.. 
    Today, Saturday, the economic expert, Nasser Al-Kanani, explained the pros and cons of the expected shift to dealing with electronic payment methods via bank cards, while he stressed that taking this step will open another door to corruption at gas stations. 
    Al-Kanani said in an interview with the Maalouma Agency, “The shift to electronic payment at gas stations will contribute to increasing the sale of oil derivatives outside government and private stations due to the absence of a culture of electronic payment and the ignorance of most citizens of this new mechanism,” wondering about “how the government deals with taxis that need To enter the stations on a daily basis.” 
    He continued, "There are positives from the decision, which is considered a qualitative leap in the field of banking and keeping pace with the global development of electronic payment methods," pointing out that "the step is positive if it is implemented correctly by the concerned authorities and citizens." 
    He added, "Taking this step will open another door to corruption at fuel stations and will exacerbate smuggling operations," noting that "it is necessary to exclude the taxi category because the number is very large compared to the procedures for depositing money and filling from stations and other operations." 
    The Council of Ministers for the Economy had confirmed the activation of the electronic payment service, as the decision stipulated that the system enjoys a high level of protection and security, reduces time and effort, and contributes to stimulating the movement of the economy, facilitating the procedures for granting a license to collect bank cards, and exempting all electronic payment transactions (POS) from... Taxes, amid a positive step and not without negativity towards developing the banking sector and electronic payment means to keep pace with the outside world, in addition to converting financial transactions from cash to electronic. Ended 25/Y
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    Rocky
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    An economist shows the pros and cons of switching to electronic financial payment Empty An economist shows the pros and cons of switching to electronic financial payment

    Post by Rocky Mon 27 Nov 2023, 10:21 am

    [size=45][size=41]An economist shows the pros and cons of switching to electronic financial payment[/size]
     two hours ago
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    The economic expert, Nasser Al-Kanani, explained the pros and cons of the expected shift to electronic payment methods via bank cards, while he stressed that taking this step will open another door to corruption at fuel stations.
    Al-Kanani said in a press interview seen by “Taqaddam” that “the shift to electronic payment at gas stations will contribute to increasing the sale of oil derivatives outside government and private stations due to the absence of a culture of electronic payment and the ignorance of most citizens about this new mechanism,” wondering “how the government deals with taxis that... You need to enter the stations on a daily basis.”
    He continued, “There are positives from the decision, which is considered a qualitative leap in the field of banking and keeping pace with the global development of electronic payment methods,” pointing out that “the step is positive if it is implemented correctly by the concerned authorities and citizens.”
    He added, “Taking this step will open another door to corruption at fuel stations and will exacerbate smuggling operations,” noting that “it is necessary to exclude the taxi category because the number is very large compared to the procedures for depositing money and filling from stations and other operations.”
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      Current date/time is Tue 27 Feb 2024, 9:56 pm