Al-Sudani: The government is continuing to transfer all banking transactions to electronic
Al-Sudani: The government is continuing to transfer all banking transactions to electronic
2-28-2023
Information/Baghdad…
Today, Tuesday, the Prime Minister, Muhammad Shia’a Al-Sudani, confirmed the continuation of plans for financial inclusion and digitization of banking transactions.
The media office of the Prime Minister stated, in a statement received by Al-Maalouma, that “Prime Minister Muhammad Shia’a Al-Sudani received a delegation from Visa, the global electronic payment card company.”
During the meeting, Al-Sudani expressed “the government’s determination to implement reform, proceed with plans for financial inclusion and digitization of banking transactions, and upgrade them, to meet international standards and specifications in force at an international level.”
He stressed that “the government’s steps in this field will facilitate financial transactions for citizens, reduce time and strengthen the umbrella of the law by implementing controls that combat money laundering.”
For their part, representatives of Visa indicated “their comprehensive support for the government’s plan to publish points of sale with electronic cards (POS), the steps of the Central Bank of Iraq, and the government program seeking more flexibility in economic transactions, while raising the level of efficiency and legal compliance.”
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