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A safe future for the fastest and easiest financial transfers. The central bank officially launches "Visa Direct" service
Monday 30, October 2023 22:43 | Reports and investigations Readings: 609
Baghdad / Nina / Report .. Youssef Salman ... The Central Bank of Iraq announced the launch of the
"Visa Direct" service to facilitate financial transfers, in coordination with the global "Visa" company and cooperation with the First Bank of Iraq, which is the first digital bank in Iraq.
The Visa Direct service is a special service for direct financial transfer to the bank's customers in Iraq, which was launched digitally, for the first time through a special application, and
each customer in the first Iraqi Bank FIB can transfer five million dinars per day, and 13 million dinars per month, will be done Calculate it at the official exchange rate.
Counselor Mazhar Muhammad Saleh recited the speech of the Prime Minister "Muhammad Shi'a Al -Sudani", represented by him during the official announcement of the launch of the service in the capital, Baghdad, by saying that
"the ministerial program attaches importance in developing digital payment systems in our country." He added,
"Iraq is in urgent need of preparing and preparing all stakeholders in the electronic payment system to ensure the full adoption of digital technology," noting that
"some express reluctance to use electronic payment technology as well as the difficulties faced by technological services providers in displaying products to display stable products And effective. " The government advisor stressed,
"The need has become required according to the vision of the government program to make concerted efforts more urgent than ever,
which requires a strategic approach that takes a comprehensive view of the regime and sustainable profitability with the perception of the appropriate roles for all stakeholders, and
this is what it works at the present time. From the Iraqi Payments Council at the Central Bank of Iraq and the team of development of electronic payment systems in the prime minister.
In turn, the governor of the Central Bank, Ali Al -Alaq, stressed that
"the transformation from the monetary economy to the digital economy is a great task in a country that has been very late in keeping pace with developments in the field of financial technologies." He added,
"The world is heading with very rapid changes and
the financial and banking sector is the procession and the follower of these developments and tries to invest in more than the rest of the other sectors," noting that
"the financial and banking sector is based on speed, accuracy and costs, and
financial purifiers can provide this financial sector Advantages. He continued,
"We are now engaged in a large program and a wide and comprehensive strategy and in coordination and direct support from the Prime Minister" Mohamed Shi'a Al -Sudani "who keeps pace with us in continuous meetings this aspect." Transfer, especially simple transfers at the level of citizens or transfers related to some simple aspects. He explained,
"This tool facilitates the demand for foreign currencies and
we are trying to expand access to these currencies in easy ways and
this tool will provide that," stressing that
"the issue of foreign transfers, the sale of the dollar and the exchange rate is fundamentally related to employing the most possible electronic tools."
On the other hand, the Vice President and Regional Director of North Africa announced a Visa Company, Laila Sarhan, that it will be close to Visa official office in Iraq, "and noted that
the service * Visa Derck * is used in 200 countries with more than 160 currencies. She added,
"Our presence in Iraq is based on important foundations, which are the Iraqi youth and the government that has the boldness in the heart of the scales and the return to building the digital infrastructure, which will allow the development of the country and the financial and banking field that is important for the Iraqi economy." Iraq/End 5
https://ninanews.com/Website/News/Details?key=1086980
Monday 30, October 2023 22:43 | Reports and investigations Readings: 609
Baghdad / Nina / Report .. Youssef Salman ... The Central Bank of Iraq announced the launch of the
"Visa Direct" service to facilitate financial transfers, in coordination with the global "Visa" company and cooperation with the First Bank of Iraq, which is the first digital bank in Iraq.
The Visa Direct service is a special service for direct financial transfer to the bank's customers in Iraq, which was launched digitally, for the first time through a special application, and
each customer in the first Iraqi Bank FIB can transfer five million dinars per day, and 13 million dinars per month, will be done Calculate it at the official exchange rate.
Counselor Mazhar Muhammad Saleh recited the speech of the Prime Minister "Muhammad Shi'a Al -Sudani", represented by him during the official announcement of the launch of the service in the capital, Baghdad, by saying that
"the ministerial program attaches importance in developing digital payment systems in our country." He added,
"Iraq is in urgent need of preparing and preparing all stakeholders in the electronic payment system to ensure the full adoption of digital technology," noting that
"some express reluctance to use electronic payment technology as well as the difficulties faced by technological services providers in displaying products to display stable products And effective. " The government advisor stressed,
"The need has become required according to the vision of the government program to make concerted efforts more urgent than ever,
which requires a strategic approach that takes a comprehensive view of the regime and sustainable profitability with the perception of the appropriate roles for all stakeholders, and
this is what it works at the present time. From the Iraqi Payments Council at the Central Bank of Iraq and the team of development of electronic payment systems in the prime minister.
In turn, the governor of the Central Bank, Ali Al -Alaq, stressed that
"the transformation from the monetary economy to the digital economy is a great task in a country that has been very late in keeping pace with developments in the field of financial technologies." He added,
"The world is heading with very rapid changes and
the financial and banking sector is the procession and the follower of these developments and tries to invest in more than the rest of the other sectors," noting that
"the financial and banking sector is based on speed, accuracy and costs, and
financial purifiers can provide this financial sector Advantages. He continued,
"We are now engaged in a large program and a wide and comprehensive strategy and in coordination and direct support from the Prime Minister" Mohamed Shi'a Al -Sudani "who keeps pace with us in continuous meetings this aspect." Transfer, especially simple transfers at the level of citizens or transfers related to some simple aspects. He explained,
"This tool facilitates the demand for foreign currencies and
we are trying to expand access to these currencies in easy ways and
this tool will provide that," stressing that
"the issue of foreign transfers, the sale of the dollar and the exchange rate is fundamentally related to employing the most possible electronic tools."
On the other hand, the Vice President and Regional Director of North Africa announced a Visa Company, Laila Sarhan, that it will be close to Visa official office in Iraq, "and noted that
the service * Visa Derck * is used in 200 countries with more than 160 currencies. She added,
"Our presence in Iraq is based on important foundations, which are the Iraqi youth and the government that has the boldness in the heart of the scales and the return to building the digital infrastructure, which will allow the development of the country and the financial and banking field that is important for the Iraqi economy." Iraq/End 5
https://ninanews.com/Website/News/Details?key=1086980
