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Parliamentary Finance: the need to activate the electronic payment system, banking sector

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tlm724

tlm724
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[tlm724] the need to activate the electronic payment system

[tlm724] Finance Committee in the House of Representatives stressed the importance of the work of electronic payment that would activate the banking system in Iraq and banditry in front of bribes and restore some public money to the state treasury

[tlm724] do it do it do it !!!!!!!!!!!!!!!!!!!!!!

[tlm724] stop the bribes and BS now !

[tlm724] that this system significantly contribute to the activation of the banking sector in Iraq, and will restore confidence between the citizen and the banks

[tlm724] the only way to get people's money deposited is for them to have confidence in the system !

[tlm724] adding that the applicable system is not in the developed European countries only, but in the states neighbors like Iran and Turkey

[tlm724] even Iran and Turkey have this system !

[tlm724] this system «quantum leap» in banking transactions, stressing that it will save the state the issue of currency demand and facilitate the exchange through electronic cards

[tlm724] less currency more electronic transactions !

[tlm724] which will contribute to restore some public money to the state treasury

[tlm724] bring on the money baby !

[tlm724] but the Iraqi banks questioned the possibility of the success of the system (electronic payment), who called him the Central Bank of Iraq, indicating that the Iraqi particularly private ones are not eligible to work in this system because of debt experienced by banks,

[tlm724] private banks aren't up to the system just yet but thats the CBI's fault for not doing their job ! *slap*

[tlm724] , it has been unable to put it yet as well as the lack of new deposits, both of citizen or government agencies, as well as the current conditions of the country to which the activities of banks.

[tlm724] lack of new deposits and why is that ? because the people don't trust them ! this system has to be in place to stop the theft of public money !

[tlm724] thanks Rocky, great article


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