View Full Version : Expert: electronic financial transactions systems reduce currency damage & theft

Hue Mi
10-25-2013, 05:25 PM
Expert: use electronic financial transactions systems will reduce currency exposure to damage and theft (http://www.ikhnews.com/index.php?page=article&id=105477)


25-10-2013 07:21 AM

Baghdad (newsletter). Said economist Mohammed dargham, the importance of using electronic financial transactions systems, to reduce the use of paper currency are vulnerable to damage and theft.

He Mehmet Ali (News Agency): the electronic systems of the best universally applicable as it reduces paper currency are vulnerable to theft, damage, indicating possible use to payments that cannot be moved manually from the provinces via mobile phone or electronic payment card.

He added: the electronic systems in place in Iraq, but in a small way, the culture around them, banks provide educational programmes for citizens to know their identities.

And: this system provides to financial transactions more secure and, provided that the company trusted and sober and have sufficient security systems to maintain the balance of their users.

He noted: the need to take the assurances of mobile companies that process is confidential and secure enough to keep stocks of citizens using these services.

The project needs the publicity and the media to educate the people and know how to use this technique that would add markedly to the Iraqi banking sector. /finished/5 p. x/