Why impose electronic payment at all gas stations starting next year?, 23 NOV

 Why impose electronic payment at all gas stations starting next year?

 Today, Wednesday (November 22, 2023), the Petroleum Products Distribution Company revealed the reason for adopting electronic payment at all gas stations, starting at the beginning of next year.

The company's general manager, Hussein Talib, told "Baghdad Today", "The trend towards adopting electronic payment at all gas stations, starting from the beginning of next year, aims to end the process of selling above the price, which the majority of citizens complained about."

Talib stressed, “The Petroleum Products Distribution Company is following up on the work of the stations, and will take all legal measures against anyone who tampers with the pricing of selling petroleum products at the stations. We also call on citizens to inform the company of any case of tampering, and the decision to adopt electronic payment at gas stations came to prevent This manipulation is common in most countries of the world.”

Earlier today, Wednesday, the Ministry of Oil set January 1, early next year, as the date for adopting electronic payment at all gas stations.

The Ministry of Oil had actually introduced a number of gas stations on the Rusafa and Karkh sides in Baghdad, with an electronic payment system.

The Iraqi government is moving to activate the electronic payment system for several reasons, the most important of which is eliminating cash dealing and withdrawing financial liquidity from the street, as specialists’ estimates indicate that more than 90% of the cash supply is outside the banking system. link