Experts are calling for the expansion of electronic payment services

Experts are calling for the expansion of electronic payment services

08/23/2014

Experts are calling for the expansion of electronic payment servicesBAGHDAD / JD / .. called a number of economic experts and specialists in the matter of financial and banking sector, the central bank need to work to expand the services of electronic payment to facilitate the operations of banking and financial transfer, stressing the importance of mitigating measures Altaqidah the work of banks to enable them to develop their work and the introduction of electronic systems modern.
The economist said Salem al-Daini, that work to strengthen the economy and development of a system should be developed banking and operates in accordance with the electronic systems used in most modern countries in the world.
He told / JD /: that the process of development of the banking system can be realized through the issuance of instructions by the central bank encouraged by the banks to the introduction of devices modern banking, and urging them to expand services, electronic payment, which is one of modern systems and necessary in the banking business, Being easy to handle financial operations.
He called on the central bank to the need to alleviate some of the complicated procedures for the banking work to allow banks to work on the development work and the use of modern electronic systems.
For his part, said an expert in finance and banking on behalf of al-Tamimi, said the central bank has the intention to invite banks and money transfer companies to develop their work and the use of electronic payment services, for the development of the payments system in Iraq, the adoption of modern technology in order to ensure service delivery quickly and the quality away from the routine and wasting time.
He told / JD /: that the regulations advanced banking with the participation of the mobile phone companies will allow citizens to transfer money from their funds to any bank or branch or someone else provides time and cost and effort in addition to reducing the security risks of trading currencies in large amounts when dealmaking commercial.
The central bank had earlier announced its intention to implement the project divided the national banks, which includes linking unified communications network managed by a specialized international company and under the supervision of the Central Bank.
The banking sector is one of the important sectors of the economy, where the view of some economists that “the strength of the economy is strong banking system and development” ./ ended / 8 /

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