Thursday 15 February
demanded the Central Bank of Iraq, Thursday, citizens not to deal with a company that you open an e - portfolios.
"Fast Pay, which opens an electronic wallet on mobile phones through smartphones and website (www.fast-pay.cash), is an unlicensed company," the bank said in a statement.
The bank added that it "is the only sector responsible for the licensing of electronic payment service providers." He pointed out that "whoever wishes to open an electronic wallet on his mobile phone deal with the companies licensed by this bank and published on its website."
This wallet, which is an electronic application that regulates all financial movements, contains all the user data for that card, which is in encrypted form and is therefore installed on the PC or stored on a hard drive or any other device through which it can be saved. Those data are used for payment via the Internet.