What Is The Truth About Stopping The Use Of Electronic Payment Cards?

 What Is The Truth About Stopping The Use Of Electronic Payment Cards?

Banks  Economy News – Baghdad  Rafidain Bank categorically denied, on Saturday, reports circulating about the suspension of electronic payment cards.

A statement from Rafidain Bank received by Al-Eqtisad News stated, "There is no truth to the circulating news regarding the suspension of electronic payment cards, and no decision has been issued by Mastercard or any relevant official body regarding their suspension."

He explained that "all MasterCard and Visa cards issued by the bank are operating fully and normally inside and outside Iraq."

He pointed out that "Rafidain Bank's digital banking system continues to provide its services without any disruption, and that the bank is committed to ensuring a stable and secure banking experience for its customers at all times."

According to the statement, the bank called on citizens "not to be drawn into malicious rumors and to rely exclusively on news and updates from the bank's official sources."  https://economy-news.net/content.php?id=56057

WALkINGSTICK: This is a big announcement

 Walkingstick 

 [Response to  Clare 5-31-2025 Article below]

 This is a big announcement.  The United Nations fronted Iraq.  

They beat the CBI to the punch because this is a very big strong statement to release.  

It's a new world now that Trump is back in office.

Clare 

 Article:  "Al-Hassan: Iraq is on its way to becoming a banking powerhouse domestically and internationally." 

Quote: "Al-Hassan pointed out that the United Nations supports Iraq's approach, which will in the coming days become a banking force that interacts internally and externally."

FIREFLY: They say soon the parallel market price will come to match the official CBI rate #iqd

 

PM Shia Al-Sudani met with U.S. Senator Jacky Rosen, a member of the Senate Armed Services Committee and the Foreign Relations Committee& US EMBASSY IN IRAQ

 Prime Minister Mohammed Shia Al-Sudani met with U.S. Senator Jacky Rosen, a member of the Senate Armed Services Committee and the Foreign Relations Committee, along with her accompanying delegation and the Chargé d’Affaires of the U.S. Embassy in Iraq.

The discussions addressed the overall Iraqi-US relations and ways to strengthen them in support of mutual interests, Iraq’s progress toward economic recovery, and enhancing regional stability.

Prime Minister Al-Sudani emphasized the importance of strengthening relations with the United States across various fields and continuing bilateral dialogue based on mutual respect, Iraq’s sovereignty, and shared values, within the framework of existing agreements and the strategic partnership between the two friendly nations.

The Prime Minister also highlighted the need to develop a comprehensive vision for Iraq in light of the significant economic and developmental transformation underway in the country.

DINAR EXCHANGE: THE need to develop a comprehensive vision for Iraq in light of the significant economic and developmental transformation underway in the country

DINAR EXCHANGE

 The Prime Minister also highlighted the need to develop a comprehensive vision for Iraq in light of the significant economic and developmental transformation underway in the country.

 -----

Prime Minister @Mohamedshia

met with U.S. Senator

@SenJackyRosen

, a member of the Senate Armed Services Committee and the Foreign Relations Committee, along with her accompanying delegation and the Chargé d’Affaires of the U.S. Embassy in Iraq. The discussions addressed the overall Iraqi-US relations and ways to strengthen them in support of mutual interests, Iraq’s progress toward economic recovery, and enhancing regional stability. Prime Minister Al-Sudani emphasized the importance of strengthening relations with the United States across various fields and continuing bilateral dialogue based on mutual respect, Iraq’s sovereignty, and shared values, within the framework of existing agreements and the strategic partnership between the two friendly nations. The Prime Minister also highlighted the need to develop a comprehensive vision for Iraq in light of the significant economic and developmental transformation underway in the country.

FRANK26….5-31-25…ALOHA….STOLE THE PLATES

Al-Sudani To A Member Of Congress: It Is Necessary To Build A Comprehensive Vision For Iraq That Keeps Pace With Economic Transformation And Development.

 Al-Sudani To A Member Of Congress: It Is Necessary To Build A Comprehensive Vision For Iraq That Keeps Pace With Economic Transformation And Development.

Time: 2025/05/31 Read: 1,215 times  {Local: Al Furat News} Prime Minister Mohammed Shia al-Sudani received today, Saturday, Senator Jacky Rosen, a member of the Armed Forces Committee and the Foreign Relations Committee in the US Congress, and her accompanying delegation, in the presence of the Chargé d'Affaires of the US Embassy in Iraq.

A statement from his office, a copy of which was received by {Euphrates News}, stated that: “The meeting discussed the overall Iraqi-American relations and ways to strengthen them in a way that serves common interests, Iraq’s progress in economic recovery, and confirms regional stability.”

Al-Sudani pointed to "the importance of deepening relations with the United States in various fields, continuing bilateral dialogue based on mutual respect, and affirming Iraq's sovereignty and shared values, within the framework of the agreements and strategic partnership between the two friendly countries."

He also highlighted the "need to build a comprehensive vision for Iraq in light of the scale of the economic and developmental transformation taking place in Iraq."

For her part, Senator Rosen affirmed her country's "commitment to building sustainable relations with Iraq," praising "the progress being witnessed in Baghdad and other Iraqi cities, and the Iraqi government's ability to avoid regional conflicts, which underscores Iraq's pivotal role and its growing importance in the region."  LINK