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Electronic payment is sustainable growth
Economical 03/28/2024
Muhammad Fadel Al-Khafaji
Electronic payment is one of the modern innovations that enhances economic growth in the country, as
it allows individuals and companies to conduct financial transactions with ease and safety, by
supporting the growth and sustainability of the local economy while
maintaining its stability and economic standing.
The electronic payment process contributes significantly to enhancing government resources and collecting them in a reliable, secure and transparent environment, relying on the infrastructure of payment systems and their platforms through central control managed by the Central Bank of Iraq, banks, and payment service providers, as
it is an important link in a major goal that seeks to achieve Reducing the phenomenon of cash economy.
Electronic payment reduces momentum within banks and facilitates the process of e-commerce and online shopping.
Thanks to this technology, companies can
reduce costs,
increase productivity, and
drive transactions through banking and financial channels,
which enhances sustainable economic prosperity in the country.
Electronic payment contributes to improving flexibility and speed in payment processes, allowing individuals and companies to execute transactions immediately and without delay.
Electronic payment can also be used at any time and in any place, which makes it the ideal choice for individuals, by purchasing all their needs through the electronic payment method, through electronic cards that allow you these services.
The electronic payment method enhances transparency and financial inclusion in the country, as
it reduces the rate of tax evasion and financial fraud and facilitates international money transfers.
In this way, electronic payment makes significant progress in achieving economic development and enhancing financial stability in the country.
https://alsabaah.iq/94244-.html
Economical 03/28/2024
Muhammad Fadel Al-Khafaji
Electronic payment is one of the modern innovations that enhances economic growth in the country, as
it allows individuals and companies to conduct financial transactions with ease and safety, by
supporting the growth and sustainability of the local economy while
maintaining its stability and economic standing.
The electronic payment process contributes significantly to enhancing government resources and collecting them in a reliable, secure and transparent environment, relying on the infrastructure of payment systems and their platforms through central control managed by the Central Bank of Iraq, banks, and payment service providers, as
it is an important link in a major goal that seeks to achieve Reducing the phenomenon of cash economy.
Electronic payment reduces momentum within banks and facilitates the process of e-commerce and online shopping.
Thanks to this technology, companies can
reduce costs,
increase productivity, and
drive transactions through banking and financial channels,
which enhances sustainable economic prosperity in the country.
Electronic payment contributes to improving flexibility and speed in payment processes, allowing individuals and companies to execute transactions immediately and without delay.
Electronic payment can also be used at any time and in any place, which makes it the ideal choice for individuals, by purchasing all their needs through the electronic payment method, through electronic cards that allow you these services.
The electronic payment method enhances transparency and financial inclusion in the country, as
it reduces the rate of tax evasion and financial fraud and facilitates international money transfers.
In this way, electronic payment makes significant progress in achieving economic development and enhancing financial stability in the country.
https://alsabaah.iq/94244-.html
