An Economic Expert "Indicates" A Record Increase In The Volume Of Electronic Payments (POS)
Economy | Yesterday, 17:55 |Baghdad today – Baghdad Today, Wednesday (June 12, 2024), economic expert Manar Al-Obaidi indicated a record increase in the volume of electronic payments (POS) for the month of April 2024.
Al-Obaidi said in an explanation on his Facebook platform, followed by “Baghdad Today”, that
“electronic payments with local cards have reached a record level, the first to be recorded in Iraq, with the value of payments reaching 1.5 trillion Iraqi dinars, an increase of 77% annually. Monthly rate of 10%. He added,
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"Thus, the value of electronic payments for the four months of the year amounted to 5 trillion Iraqi dinars, while the total electronic payments for the year 2023 were approximately 9.6 trillion Iraqi dinars, and the total electronic payments for the year 2022 were 8.2 trillion Iraqi dinars," pointing out that
"it is expected to exceed Electronic payments this year exceed 30 trillion Iraqi dinars.” Al-Obaidi stressed,
“This increase is due to the policies that were taken, especially in the field of government transactions, which imposed exclusively electronic payment, and the increase in societal culture.”
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