CBI launches retail project payment through Mobile

Fired central bank draft payment retail through the establishment of divided national platform and reciprocity to pay Palmobail.

bank said that “the project comes in the framework of developing the banking industry in the country and add new tools and advanced in the field of electronic payments.”

and called the bank “more than 30 international companies specialized in this field to participate in the bidding for the implementation of this national project. “

and will have to bank the best international companies to implement the project in accordance with the international standards adopted in the areas of payment retail.

system provides payment retail mutual phone mobile Iraqi opportunity for Iraqi banks and network operators mobile phones to lead the world on a large scale in access to integrated tools most modern and sophisticated cash payments.

would be the benefits of the proposed system more visible to ordinary Iraqis by providing banking services to the global system for mobile communications mobile (GMS), which is designed this system to ensure the possibility of using the simplest mobile phones a GSM to provide banking services advanced to ensure that Banking available to anyone, anywhere and at any time.

system is GMS or common system for mobile communications is the second generation of digital communication systems cell, and the advantage of this generation capacity or the ability of the system several times higher than the analogue as it offers features service-more high-quality quality and low cost.