Home
Association of Banks: Electronic payment in Iraq is witnessing a major transformation
Hawraa.m 6 minutes ago one minute
Today, Friday, the Iraqi Private Banks Association counted the number of electronic payment devices and payment cards during the year 2023, confirming that this issue is witnessing a major transformation.
The Executive Director of the Association of Banks, Ali Tariq, told the official agency followed by (Al-Oula News):
“The electronic payment file is making continuous progress thanks to the support and directives of Prime Minister Muhammad Shiaa Al-Sudani, and the government’s insistence on achieving this goal has stimulated all institutions, whether governmental, private, or financial institutions.”
“Cooperating in the field of providing electronic payment tools to citizens across the public and private sectors.” He pointed out,
“After the Council of Ministers issued the decision to generalize electronic payment last year, a very significant progress and leap was achieved with regard to the number of points of sale, whether in the private or government sector, as
it rose in just half a year from about 7,000 devices to 24,000 devices at the end of the year.” The same year 2023, expecting that
“the number of electronic payment devices will increase further during the year 2024.” He pointed out,
“Nearly two and a half million cards were issued in 2023, whether prepaid cards or cards linked to an account to activate them in this field.” He stressed,
“Electronic payment in Iraq is witnessing a clear transformation, and it needs a little time. “So that all institutions, in accordance with the decisions issued by the Council of Ministers, can move to automation in a way that ensures the presence of electronic payment ports in all institutions and places.”
https://www.awla.news/رابطة-المصارف-الدفع-الإلكتروني-في-الع/
Hawraa.m 6 minutes ago one minute
Today, Friday, the Iraqi Private Banks Association counted the number of electronic payment devices and payment cards during the year 2023, confirming that this issue is witnessing a major transformation.
The Executive Director of the Association of Banks, Ali Tariq, told the official agency followed by (Al-Oula News):
“The electronic payment file is making continuous progress thanks to the support and directives of Prime Minister Muhammad Shiaa Al-Sudani, and the government’s insistence on achieving this goal has stimulated all institutions, whether governmental, private, or financial institutions.”
“Cooperating in the field of providing electronic payment tools to citizens across the public and private sectors.” He pointed out,
“After the Council of Ministers issued the decision to generalize electronic payment last year, a very significant progress and leap was achieved with regard to the number of points of sale, whether in the private or government sector, as
it rose in just half a year from about 7,000 devices to 24,000 devices at the end of the year.” The same year 2023, expecting that
“the number of electronic payment devices will increase further during the year 2024.” He pointed out,
“Nearly two and a half million cards were issued in 2023, whether prepaid cards or cards linked to an account to activate them in this field.” He stressed,
“Electronic payment in Iraq is witnessing a clear transformation, and it needs a little time. “So that all institutions, in accordance with the decisions issued by the Council of Ministers, can move to automation in a way that ensures the presence of electronic payment ports in all institutions and places.”
https://www.awla.news/رابطة-المصارف-الدفع-الإلكتروني-في-الع/
