The Central Bank: Efforts To Accelerate The Use Of Electronic Payment And Its Dissemination


Baghdad – Mawazine News Today, Saturday, the Central Bank of Iraq confirmed that it had made substantial efforts to speed up the use and circulation of electronic payments while agreeing to agreements for adopting payment instruments in financial transactions. What is the end of?
The central bank’s deputy governor, Ammar Khalaf, told the official agency, followed by Mawazine News, that “the central bank, in cooperation with banks and electronic payment companies, is accelerating the use of electronic payment devices.” “Great efforts are being made to do this. The Iraqi economy.”
“There are ministries that have started, now and gradually, to enter the electronic payment project,” Khalaf added, noting that “the project is to start the electronic collection or collection process. Systems are needed before, and proactive arrangements for electronic. Systems and infrastructure are needed.”
“Many agreements have been signed by collecting agencies, especially government agencies, to adopt electronic payment in financial transactions,” he pointed out, adding, “We believe that this year. Finally, there will be significant changes and an increase in the number of payment instruments and the willingness of citizens to use them. We have guidelines that guarantee the rights and responsibilities of all parties involved in electronic payments.
This June 1, the electronic payment process was started in government institutions and the private sector, Ended 29/m99.