Al-Sudani directs that citizens be spared financial burdens resulting from bank card commissions, 8 JAN

Al-Sudani directs that citizens be spared financial burdens resulting from bank card commissions

Shafaq News/ Today, Sunday, Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting devoted to following up on the financial and economic transformation to electronic payment, points of sale and financial trading with electronic cards (POS), and directed that citizens be spared additional financial burdens as a result of commissions.

The meeting was attended, according to a statement received by Shafaq News Agency, by the Governor of the Central Bank, the Prime Minister’s advisors for strategic, economic and banking affairs, and the Director General of Payments at the Central Bank.

Al-Sudani 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.

During the meeting, Al-Sudani 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 also witnessed a discussion of the tariffs and commissions charged by financial and banking authorities, as Al-Sudani stressed that citizens should be spared additional financial burdens as a result of these commissions, and that the goal is to facilitate dealing and facilitate payment in all fields, while ensuring the highest levels of security.

shafaq.com