Digital Media: Cancellation of European sanctions on the Central Bank will activate the PayPal service officially
Thursday 13 September
Alsumaria News / Baghdad
The Center for Digital Media, on Thursday, that the abolition of European sanctions on the Central Bank will lead to the activation of PayPal service officially in Iraq.
The Center said in a statement received by Alsumaria News a copy of it, "The abolition of European sanctions on the Central Bank of Iraq will make it a reliable financial institutions to deal with European institutions and thus eliminate the obstacles to activate the services of PayPal officially in Iraq."
"PayPal is considered the best and most popular bank in the world, providing users with digital financial services. Thousands of e-shops and e-commerce sites support PayPal, which was established in 1998 and supports Arab countries - Qatar, Oman, Yemen, Kuwait, Jordan, Saudi Arabia, Algeria, Egypt, Tunisia, Morocco and Somalia."
The Central Bank of Iraq announced on Thursday that it was officially released from the list of EU sanctions, pointing out that it has become a reliable financial institutions dealing with European international institutions.