The Central Bank participates in a workshop to support the proliferation of points of sale (pos).
The Central Bank participates in a workshop to support the proliferation of points of sale (pos).
May 03, 2023
The Deputy Governor of the Central Bank of Iraq, Mr. Faisal Al-Haimus, and a number of general managers participated in a workshop organized in Baghdad with the participation of the Ministry of Finance, representatives of ministries concerned with the use of point-of-sale (POS) devices, and a group of electronic payment companies, government and private banks, to discuss the implementation of the provisions of the decisions Related to the collection of dues and government fees through points of sale (POS) provided by electronic payment companies licensed by the Central Bank of Iraq.
And Al-Haimus stressed, during his speech at the opening of the workshop, that the Central Bank of Iraq and all its formations are truly supportive of the efforts of the federal government in implementing the decision issued by the Council of Ministers, No. It works to facilitate the government’s control over the management of its funds by collecting its revenues on the one hand, and on the other hand, it works on the development of the banking sector and electronic payment companies, which are considered the main partner in the success of this project.
In addition, Mr. Deputy Governor, Mr. Faisal Al-Haimus, stated that this bank is the best support for the private sector participating in the paradigm shift, which we expect to succeed through the concerted efforts of all parties and the attraction of discreet international institutions and cooperation with electronic payment companies that have obtained their license from the Central Bank, to implement decisions on the ground The reality is that this cooperation will soon reap its positive fruits, which will reflect positively on the citizen and the government at the same time.
Central Bank of Iraq
Media Office
May 3, 2023
cbi.iq/news/view/2320
