Al-Sudani chairs a meeting to follow up on procedures for transitioning to electronic payment, 7 JAN

Al-Sudani chairs a meeting to follow up on procedures for transitioning to electronic payment

Baghdad..
Prime Minister Muhammad Shiaa Al-Sudani stressed, on Sunday, the importance of using electronic card payments, while noting that it is a basic pillar of economic reform.

The Prime Minister’s Media Office stated in a statement received by Al-Maalouma that “Al-Sudani chaired a meeting devoted to following up on the financial and economic transition to electronic payment, points of sale and financial trading with electronic cards (POS), in the presence of the Governor of the Central Bank, and the Prime Minister’s advisors for strategic, economic and banking affairs.” And Director General of Payments at the Central Bank.

The Prime Minister listened to “a briefing on the latest procedures and executive details for the transition to payment by electronic cards, in various public and private sector institutions, and what is being implemented by the agencies concerned with following up and monitoring the transition and use.”

He pointed out that “the use of electronic card payment and digital payment is a basic pillar of the economic reform adopted in the government program.”

The meeting witnessed a discussion of the tariffs and commissions charged by financial and banking authorities

The Prime Minister stressed that “citizens must be spared additional financial burdens as a result of these commissions,” explaining that “the goal is to facilitate dealing and facilitate payment in all fields, while ensuring the highest levels of security.”

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