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Weak infrastructure hinders the spread of electronic payment in Iraq

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Weak infrastructure hinders the spread of electronic payment in Iraq
 
March 18, 2024     Last updated: March 18, 2024
 
Al-Independent/- Iraq faces great challenges in disseminating electronic payment services despite the availability of the necessary technologies for that.
 
This is due to the absence of the necessary infrastructure in many departments and institutions, in addition to the weak culture of electronic dealing among a wide segment of citizens.
 
Experts' criticisms:
 
    Economist Manaf Al-Sayegh criticized the absence of infrastructure for electronic payment services in many departments and institutions.
 
    Al-Sayegh stressed the importance of converting all financial operations to a banking system based on electronic payment for ease of use and improving the quality of the system.
 
    Al-Sayegh pointed out that most institutions and companies currently deal with the electronic payment system, but the lack of it in many departments and stations hinders its spread.
 
    Imad Al-Mohammadawi, who is interested in economic affairs, called for the necessity of spreading the culture of electronic payment among segments of society.
 
    Al-Mohammadawi stressed the importance of encouraging, supporting and facilitating electronic dealings to attract more customers.
 
Government efforts:
 
    Deputy Governor of the Central Bank, Ammar Khalaf, explained that
 
“the digital financial transformation began with the localization of employee salaries and the opening of bank accounts aimed at using electronic payment in daily transactions.” Khalaf pointed out that
 
    some ministries responded to the directives of the Central Bank and the government, such as the Ministry of Oil, the Passports Directorate, and the General Traffic Directorate.
 
Challenges:
 
    Lack of necessary infrastructure in many departments and institutions.
 
    Weak culture of electronic dealing among a wide segment of citizens.
 
suggested solutions:
 
    Creating the necessary infrastructure for electronic payment services in all departments and institutions.
 
    Spreading the culture of electronic dealing among segments of society through awareness campaigns.
 
    Encouraging, supporting and facilitating the use of electronic payment services.
 
Electronic payment services still face major challenges in Iraq, but
 
government efforts are based on disseminating these services and improving the culture of dealing with them among citizens
 
https://mustaqila.com/ضعف-البنى-التحتية-يعيق-انتشار-الدفع-ال/  

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