Al-Sudani enumerates the benefits of banking digitization, and the “Visa Company” supports the government and the Central Bank’s plan
Al-Sudani enumerates the benefits of banking digitization, and the “Visa Company” supports the government and the Central Bank’s plan
2023-02-28 00:20
Shafaq News / The Prime Minister, Muhammad Shia’a Al-Sudani, considered today, Tuesday, that the government’s plans to digitize banking transactions will facilitate financial transactions for citizens and combat money laundering, while representatives of the “Visa” company expressed their comprehensive support for the government and the Central Bank’s plan to publish points of sale with electronic cards (POS).
The media office of the Prime Minister said in a statement received by Shafaq News agency, “The Prime Minister, Muhammad Shia’a Al-Sudani, received today, Tuesday, 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,” according to the statement.
Al-Sudani 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,” according to what was stated in the statement.
shafaq.com
