Shafaq News / The Ministry of Oil – Oil Distributions Distribution Company announced, Thursday, the direct supply of vehicles with “super, improved” fuel in accordance with electronic payment cards POS in all governorates, as of tomorrow, Friday, March 22, 2024.
This was announced by the Director General of the Oil Products Distribution Company, Hussein Taleb, and said in a statement today, that the process of supplying vehicles with gasoline with two types (enhanced and super) in Baghdad and all governorates will be by electronic payment, indicating that this application will include in the next stages all oil products.
The Iraqi government seeks to activate the electronic payment service, adopt modern automation systems and end cash dealing.
Accordingly, the Oil Products Distribution Company, affiliated to the Iraqi Ministry of Oil, has set the end of March a deadline for cash handling at government and private fuel filling stations.
On (last January 7, the Prime Minister, Mohammed Shiaa Al-Sudani, directed to spare citizens additional financial burdens as a result of commissions, during a meeting dedicated to following up the financial and economic transformation to electronic payment, points of sale and financial trading with electronic cards (POS).
According to a statement issued by his media office, the Sudanese confirmed that the goal is to facilitate dealing and facilitate payment in all fields, while ensuring the highest levels of security.
Most markets and filling stations lack POS devices despite the directions of the Council of Ministers to implement the electronic payment system in state institutions, the private sector, commercial centers, shops, markets and other entertainment facilities.
Citizens still lack the provision of POS machines and claims from the central bank, banks and electronic payment companies to supply the POS and make them accessible to the citizen to use with electronic cards for shopping and payment instead of cash.
The Central Bank of Iraq announced at the beginning of last June the entry into force of the Council of Ministers Resolution No. (23044) for the year 2023, which is to increase the number of electronic payment devices (POS) in government institutions and the private sector to promote the culture of payment and electronic collection, and to reduce the use of paper money in collection and commercial transactions.
It is noteworthy that the Board of Directors of the Central Bank of Iraq decided on December 13 to establish the “National Company for Electronic Payment Systems” throughout the country, indicating that the company represents a qualitative development in the structure of the country’s financial infrastructure.
According to the statement of the Central Bank of Iraq, this step coincides with the rapid growth in electronic financial services and products and the high number of users in line with the framework of the government program to support and adopt advanced electronic payment systems.
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