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Exposing the reasons for the failure of electronic transformation in financial transactions
March 3 19:32
Information/Private..
Today, Sunday, the economic expert, Safwan Qusay, revealed the reasons for not applying the electronic system in financial transactions,
while confirming that the Central Bank has concluded many contracts with international companies to automate financial transactions.
Qusay said in an interview with Al-Ma’louma Agency,
“K2 Company is working to coordinate with all local banks in order to implement the electronic system gradually,” noting that
“according to the cumbersome procedures, it is still too early to talk about fully implementing the electronic system.” He continued,
"The file requires the application of modern technical procedures in all institutions and places where the electronic financial system is implemented," pointing out that
"the Central Bank has concluded many contracts with international companies to automate financial transactions." He added,
"The process of fully disseminating electronic culture to individuals and companies requires a long time to implement all the points on the ground," noting that
"the Central Bank continues to implement the steps of the electronic transformation program in financial transactions in general."
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. Ended 25/J
https://almaalomah.me/news/57788/economy/كشف-أسباب-تعثر-التحول-الإلكتروني-بالتعاملات-المالية
March 3 19:32
Information/Private..
Today, Sunday, the economic expert, Safwan Qusay, revealed the reasons for not applying the electronic system in financial transactions,
while confirming that the Central Bank has concluded many contracts with international companies to automate financial transactions.
Qusay said in an interview with Al-Ma’louma Agency,
“K2 Company is working to coordinate with all local banks in order to implement the electronic system gradually,” noting that
“according to the cumbersome procedures, it is still too early to talk about fully implementing the electronic system.” He continued,
"The file requires the application of modern technical procedures in all institutions and places where the electronic financial system is implemented," pointing out that
"the Central Bank has concluded many contracts with international companies to automate financial transactions." He added,
"The process of fully disseminating electronic culture to individuals and companies requires a long time to implement all the points on the ground," noting that
"the Central Bank continues to implement the steps of the electronic transformation program in financial transactions in general."
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. Ended 25/J
https://almaalomah.me/news/57788/economy/كشف-أسباب-تعثر-التحول-الإلكتروني-بالتعاملات-المالية
