Economic Committee Member: Use of electronic financial transactions strengthens the country’s payments system

Posted by on Nov 13, 2013 | Leave a Comment

Confirmed a member of the Economic Committee MP / coalition in Iraq / Nora Bijari, that the spread of the culture of dealing with money-mail rather than cash contribute significantly to improving the system of payments and strengthen it.

said Bijari (of the Agency news): The activation of the payment system by ironing card and the balance of Mobile maintains liquidity in the bank accounts and reduced cost transportation and protection money from one place to another.

said: that the application of this system needs to be effort and cooperation of all ministries, noting that the application of such systems needs to be awareness programs and education for citizens to contend with. showed: that the application of the system of technological in financial transactions needs to protect sober prevent manipulation of money through the pirate websites in order to keep the money of citizens.

noted that Iraq possessed Systems pay the sophisticated electronic, but the spread of treated citizens smart cards and money-mail depends on awareness of banking to have

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