Iraqi Fuel Stations to go Cashless

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Iraqi Fuel Stations to go Cashless

The Iraqi Ministry of Oil and its subsidiary, the Oil Products Distribution Company, plan to introduce electronic payment systems at all fuel stations starting January 1, 2024.

“The Ministry has announced that it will suspend cash handling from this date. It has stated that this action aligns with government guidelines to enhance efficiency, automate processes, and phase out cash transactions.”

The company is urging citizens to cooperate by embracing modern payment methods, acquiring approved electronic payment cards, and adapting to new mechanisms for fuel procurement. This shift aims to improve overall public service in the distribution sector.