The development of the retail payment system through “mobile phone” will facilitate financial transactions

Deputy: the development of the retail payment system through “mobile phone” will facilitate financial transactions in the country

12-04-2013 10:52 AM

Central Bank of IraqBaghdad (news) .. According to a member of the Finance Committee MP / National Alliance / Amin Hadi, the importance of developing financial systems and banking in the country for its contribution to advancing investment and the economy forward. said Hadi (of the Agency news): The orientation of the Iraqi Central Bank to develop propulsion system retail by using Device ‘mobile’ will facilitate trading banking and financial transactions, confirming that it is one of the systems technological modern works most of the world. added: that these modern systems adapt its investment and thus contribute to attracting international companies to invest in the country, noting that the central bank is the only responsible for issuing licenses to banks and the respective letters of assets and the development of the financial sector in the country. mentioned that the Central Bank of Iraq extended an invitation for (30) global company specialized for the development of the retail payment system using mobile. / end / 8. n. p /

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