View Full Version : Iraq and the relevant authorities to limit the use of cash 04-07-2015

04-08-2015, 01:08 PM

The spread of the phenomenon of shopping smart cards; The banking system seeks in Iraq and the relevant authorities to limit the use of cash

http://2.bp.blogspot.com/-zr1i7HIbmm0/VSQcHNGhrAI/AAAAAAABVp0/s4INnUM1M50/s1600/atm%2Barab%2B5-4-2011.jpgBAGHDAD .. The banking system seeks in Iraq and the relevant authorities to limit the use of cash (CASH) in the country at a time when efforts are going to automate the processes of settlement of the instruments and salaries and activate the automation of electronic card systems (http://www.alibris.com/search/books/isbn/9781580533058) in order to maintain more cash in bank accounts through publication of electronic trading between public culture.

According to those involved, the trading exchange electronic smart cards culture is still weak due to heavy economic legacy inherited from the old policies that have isolated Iraq to keep pace with global developments in electronic banking technology and modern making the transition to electronic trading has difficulty in the idea of acceptance of the public.

electronic publishing awareness

In this context, said Deputy Managing Director of the World Company smart card (Ki Card) Ibrahim Abdel Hadi told the "morning" that he needs the public in the current stage of acceptance dealing smart electronic cash cards (http://rover.ebay.com/rover/1/711-53200-19255-0/1?toolid=10029&campid=CAMPAIGNID&customid=CUSTOMID&catId=220&type=2&ext=131475850367&item=131475850367) is to spread awareness and education on trading such new special way related Balmedfoat.ocd importance of this trade in commercial transactions and shopping at markets that deal with this kind of cash to reduce reliance on cash-Cache and the reduction of the money supply in circulation paper size, along with the fact that smart cards lighter and slimmer when you carry and move out as well as they perform the same purpose of the payment.
cash deal

and that the conditions experienced by the country in the past at the end of the last century, established the idea of dealing with cash (Cash) at a time when the world has seen the launch of a new type of card shopping and rapid spread of bank payment systems in Several countries, including equivalent cash payment when shopping at the local shops and the supply of fuel stations and pay the bills, wages and other other operations.

He said Abdul Hadi out there that ministries and departments are encouraged to work payments system, this is where the smart cards issued by the Company and specifically in relation to the payment of wages and fines of Interior such as the Ministry and a number of departments of public Kalmror nationality, noting that there is coordination with Dirh passports in this regard to save time and effort on the reviewers.

He pointed to the launch of e-shopping in a number of Baghdad's markets and a number of provinces like Basra and Nasiriyah and Wasit, Najaf and Missan, along with the experience of the fact that a number of This market outlets for the distribution of salaries to employees, retirees and the rest of the categories of the smart card holder (http://www.amazon.com/gp/search?ie=UTF8&camp=1789&creative=9325&index=aps&keywords=smart%2Bcard%2Bholder&linkCode=ur2).

He explained that the number of citizens willing to use the method of payment of these when they shopped from the market, but some shops lacked the announcement of the possibility of accepting payment smart cards that play a role in promoting this process process.