Iraq's Leap into Digital Transformation: A Collaboration with Visa Paves the Way
Thursday, February 22, 2024
Iraq's Leap into Digital Transformation: A Collaboration with Visa Paves the Way, 22 FEB
"ANALYSIS OF IRAQ NEWS: Iraqi Government and Visa forge alliance for digital payment advancements" BY FREEDOM FIGHTER, 22 FEB
FREEDOM FIGHTER
VISA has been in Iraq for a while but now they are connected to the Central Bank of Iraq and the entire Iraqi banking system
🟢Also they are training staff and citizens on electronic banking
🔰This is a part of Iraqs economic reforms
https://shafaq.com/en/Economy/Iraqi-Government-and-Visa-forge-alliance-for-digital-payment-advancements
Iraqi Government and Visa forge alliance for digital payment advancements
Shafaq News/ On Thursday, Iraqi Prime Minister Mohammed Shia Al-Sudani expressed the government's commitment to economic and banking reform as a top priority.Al-Sudani's media office said that the prime minister received Andrew Torre, Visa's regional president for the CEMEA region when he commended the collaboration with Visa in advancing electronic payment technology and digital transformation.
Al-Sudani emphasized the government's dedication to economic and banking reform, noting the recent approval of the electronic payment system by the Council of Ministers.
Furthermore, he praised the company's role in expanding electronic payment technology and contributing to the education of Iraqi workers involved in the electronic payment process.
On behalf of Visa, Torre expressed the company's eagerness to continue collaborating with the Central Bank of Iraq and all entities within the Iraqi banking sector, highlighting Visa's commitment to supporting Iraq's government plans for electronic payment and economic reform.
In addition, Visa's regional president pledged to introduce advanced solutions and technologies to the market, offering expertise and increasing employment opportunities for Iraqis at Visa's Baghdad office to establish 500,000 acceptance points for electronic payment across Iraq.
America will stop maintaining Iraqi tanks and aircraft… a warning from the Security and Defense Committee, 22 FEB
America will stop maintaining Iraqi tanks and aircraft… a warning from the Security and Defense Committee
Evening News with MarkZ. 02/22/2024
"WHAT SAYS FRANK26", 22 FEB
Thursday February 22, 2024
Frank26: He says
* Frank26 just reported that 8 nations will join the World Trade Organization from February 26-29.
* Coins should have no restrictions to do this...
That is, without sanctions...
*Iraq is one of 8 nations, including Libya, Somalia, Algeria and the Lebanese Republic, that are ascending to the WTO...
* Iraq has teams of people on the streets advising people to use bank cards instead of dinars before the change.
Easier for everyone to buy and sell... easier for fulfillment...
* Iraq has said it will fix the international trade mechanism for trade on March 1. This has been available for more than a month now.
* On Monday Frank26 read us an article about the "Baghdad Dollar" going to collapse...
That's the US dollar according to him and Walking Stick, who he had live on the phone.
Frank26 is and has previously said he will: the "Baghdad dollar" is going to have a significant drop.
He hinted that the three zeros will disappear...
It means that very soon new lower bills of 1, 5, 10, 20, 50 and 100 will hit the streets
* Frank26 has previously said that the new lower denominations must match the new rate to be used.
* CBI is sending teams of people to sweep US dollars from streets and commercial places and advise people to use the new debit cards... They are doing this to ensure maximum benefit to the customers.
The CBI deputy governor highlighted the importance of the Islamic banking workshop to educate international banks...
*(Note) not from Frank... Under Sharia banking law, coins must be backed by gold.
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TRANSLATION SPANISH
Jueves 22 Febrero 2024
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Frank26 [Bank story] This time we didn't go down, we just called [the bank]... We said we want to see if we can exchange some cu...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...