Central Bank warns of trading "payment services" cards issued by unlicensed companies
CBI revealed, on Sunday, all the banks and companies "unlicensed" to provide payment services through cards, and warned citizens of "handling and trading instruments issued by that," while the traders threatened and issuers of those cards to "legal accountability."
The central bank said in a press statement, said that "there are banks and companies that are not licensed by the Central Bank, is providing payment services through the cards."
the central bank warned, the public of the "handling and trading instruments issued by that," asserting that "trading cards issued from non-licensed from the Central Bank of Iraq is illegal, which customers and exporters of these cards to legal accountability may expose. "
the Rafidain Bank announced, in August 2015, for the release of about 500 thousand smart card to their beneficiaries during the first half of this year, as he emphasized that the cards were distributed to immigration displaced and a network of social protection and retirement community.
It is noteworthy that the smartcard in the Iraq regime began the end of 2008, to facilitate the exchange of monthly salaries and deduct what suits his card out of his salary so that he can save the rest in his account, and includes an integrated personal benefit from the elimination of operations Information fraud to receive salaries, and adopted the card the past two years in the salaries of retired civilian and military distribution, and covered by social protection network.