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


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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

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


    Credit cards and resolving financial crises

    Rocky
    Rocky
    Rocky
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    Posts : 278236
    Join date : 2012-12-21
    • Post n°1

    Credit cards and resolving financial crises Empty Credit cards and resolving financial crises

    Post by Rocky Sat 23 Jan 2016, 8:33 am

    Credit cards and resolving financial crises

    1/23/16
    Perhaps in a country such as Iraq and the culture of financial trading it is difficult to apply a simple credit card system, but the experience card (Ki-Card) and its success in providing service to the citizen to make a viable idea that there will be serious government to make it work.
    And the financial crisis that the Iraqi government is trying to get rid of its consequences by all means, even the media deserve to prepare plans for the success of the project credit cards. 
    Credit Fbtaqat will make financial trading is a numbers transmitted from one person to another without the actual cash movement, the civil servant salary received on the board number filed in his account in his credit card, when wants to buy a certain commodity will move part of this figure to calculate the vendor item, and thus will be achieved several sale and purchase operations without circulation of any coin. 
    Certainly, the citizens' response will be uneven and generally weak, but the government and the ways that certain can be lifted From this figure, Education is the community awareness through media roads as well as to give the ratios and prizes for users of credit cards would win in convincing a large segment of the people. 
    The benefit of all this is: - 
    1. reduce cash in circulation size, meaning there was no need to print additional quantities of securities cash. 
    2. reduce the possibility of counterfeiting Iraqi currency. 
    3. Providing a large amount of cash. 
    4. open the door for the expansion of the banking culture of saving. 
    5. opening up to the Western world and take advantage of cross-border e-commerce. 
    6. reduce the chances of armed robberies and kidnappings because of Money. 
    7. revitalize the commercial sector, which usually depends largely on cash. 
    8. According to the credit card system that can lift a lot of the employees' salaries within the same cluster of cash.


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