The Chief Head of the Iraqi Confidential Banks Affiliation, Ali Tariq, uncovered on Sunday the volume of electronic exchanging the country during the long stretch of August, affirming that it surpassed two trillion Iraqi dinars.
According to Tariq, “the amount was transferred and traded using electronic payment systems of various types, whether cards or payment systems,” and “the value of electronic trading in the month of August alone exceeded two trillion Iraqi dinars.”
Tariq brought up that “the sum arrived at two trillion dinars for only one month, and this sum will twofold to more than that before very long.”
He made sense of that the quantity of electronic cards arrived at 20 million cards, and that implies that roughly half of the Iraqi populace own electronic installment cards, and a few residents own a few cards.
“The number of electronic payment devices in the public and private sectors has exceeded 30,000 devices,” Tariq said in his conclusion.
In October 2023, the Iraqi Chamber of Clergymen gave a few leader estimates connected with the electronic installment framework and electronic retail locations (POS), and said at the time in an explanation that they “plan to improve the utilization of electronic installment in Iraq and work with monetary and business tasks.”