WE HAVE COME A LONG WAY IN THE FIELD OF ELECTRONIC PAYMENT
Today, Wednesday, the Petroleum Products Distribution Company set the date for ending cash trading, while indicating that great progress has been made in the field of electronic payment.
The Director General of the Oil Products Distribution Company, Hussein Talib, said in a statement to the Iraqi News Agency (INA): “The Oil Products Distribution Company is one of the first departments that relied on electronic payment in work,” indicating that “there are a group of failures that were addressed in this regard with the bank.” Central Bank through licensed portals and companies.
He pointed out that “among the challenges the operation faced was the problem of transferring funds from the citizen’s account to the accounts of the petroleum products distribution company,” stressing that “9 gates became operational after the problems were addressed.”
He added, “The electronic payment process has been launched at filling stations in Baghdad and all governorates,” noting that “the company’s plan at the end of the first quarter of this year includes ending the cash trading process in most areas of the Petroleum Products Distribution Company. ”
He continued, “The company has come a long way in the field of electronic payment, as the station agent now prepares products, as well as generator owners and the mobile agent, as well as state department vehicles, via electronic payment cards.”
(I like this article because it gives us an update on the electronic payment rollout process, a process that began in 2011 but never took off until recently. Yes, this is part of the Dr Shabibi 2011 plan that must first occur as part of the Project to Delete the Zeros and the monetary reform.)
https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/