Increase In Iraqi Oil Product Revenues Through Electronic Payment, 7 OCT

 Increase In Iraqi Oil Product Revenues Through Electronic Payment

Electronic payment at gas stations  Money and business  Economy News – Baghdad  m The Oil Products Distribution Company announced an increase in its sales of oil derivatives through the electronic payment window POS during the month of September, with revenues exceeding one billion Iraqi dinars for the month of August.

The company’s general manager, Hussein Talib Abboud, revealed that the company’s sales via electronic payment of fuel types in all its distribution outlets in the country reached approximately (740) billion Iraqi dinars, i.e. a difference of more than one billion dinars from the month of August, whose sales amounted to approximately (633) billion dinars.

He stressed that "the gradual rise in revenues from petroleum products since the start of the electronic payment project on April 1, 2023 is nothing but evidence of its success since the moment of its launch and represents an important step in the project to automate distribution work."

The company's general manager noted that "the distribution company is the first company in Iraq to introduce electronic payment service into its operating system in all its distribution outlets, and it also included those dealing with the company from gas and kerosene agents, generators, and constructed stations, in addition to tank conditioning and others."

Hussein Talib Aboud confirmed the company's determination to complete the drawn plans by equipping all fuel stations with electronic payment devices and ending cash transactions in implementation of the government program.  73 views  2024/10/06 - https://economy-news.net/content.php?id=48411