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18 trillion dinars, the volume of digital trading in Iraq
September 8, 2024
Baghdad/Iraq Observer
The electronic payment campaign announced today, Sunday, that the volume of digital trading has risen to 18 trillion dinars, while highlighting the economic gains.
Campaign spokesman Mustafa Akram Hantoush said in an interview followed by Iraq Observer,
“Electronic payment has achieved very great achievements, and
it is a very successful experience in the financial and banking aspect and beneficial to all parties.” He added,
“Cash dealing involves risks, as
money can be stolen or burned when transported or stored, or
exposed to loss, while
electronic dealing and digital trading
facilitate the process of transferring and trading money and are
beneficial to the state so that there is a
reading of liquidity, collecting money, and a
reading of the payments and the winning and losing sectors, which can be
“Through which plans are made.” He continued,
“Electronic payment is a successful topic by all standards, and the
countries that implement it are witnessing development in the financial and banking system.”
Regarding the numbers achieved, Hantoush explained,
“The total electronic payment by the year 2020 did not exceed 300 billion dinars, compared to electronic payment for the current year, which reached more than 18 trillion dinars. This is a big leap that is not easy to achieve within 3-4 years.” He stated that
“there are about 20 million electronic payment cards so far, after we had nearly 10 million cards in 2020,” explaining that
“the indicators of the issue are positive and it is successful in all aspects.” He stated that
“the government, with its recent decisions and the specialized committees on electronic payment, has reached the levels of detailed statements, liquidity statements, risk assessment, and even the issue of regulations and directing electronic signatures,” explaining that
“the issue of electronic payment has become in line with society.” He stressed that
“the government recently issued a set of decisions related to regulatory cases, including activating a law special for electronic signature, and creating a financial regulation for electronic payment between the Integrity Commission and the Supervision Bureau,” explaining that
“the issue has moved from the stage of applied procedures to the stage of general organization.”
https://observeriraq.net/18-ترليون-دينار-حجم-التداول-الرقمي-في-ال/
September 8, 2024
Baghdad/Iraq Observer
The electronic payment campaign announced today, Sunday, that the volume of digital trading has risen to 18 trillion dinars, while highlighting the economic gains.
Campaign spokesman Mustafa Akram Hantoush said in an interview followed by Iraq Observer,
“Electronic payment has achieved very great achievements, and
it is a very successful experience in the financial and banking aspect and beneficial to all parties.” He added,
“Cash dealing involves risks, as
money can be stolen or burned when transported or stored, or
exposed to loss, while
electronic dealing and digital trading
facilitate the process of transferring and trading money and are
beneficial to the state so that there is a
reading of liquidity, collecting money, and a
reading of the payments and the winning and losing sectors, which can be
“Through which plans are made.” He continued,
“Electronic payment is a successful topic by all standards, and the
countries that implement it are witnessing development in the financial and banking system.”
Regarding the numbers achieved, Hantoush explained,
“The total electronic payment by the year 2020 did not exceed 300 billion dinars, compared to electronic payment for the current year, which reached more than 18 trillion dinars. This is a big leap that is not easy to achieve within 3-4 years.” He stated that
“there are about 20 million electronic payment cards so far, after we had nearly 10 million cards in 2020,” explaining that
“the indicators of the issue are positive and it is successful in all aspects.” He stated that
“the government, with its recent decisions and the specialized committees on electronic payment, has reached the levels of detailed statements, liquidity statements, risk assessment, and even the issue of regulations and directing electronic signatures,” explaining that
“the issue of electronic payment has become in line with society.” He stressed that
“the government recently issued a set of decisions related to regulatory cases, including activating a law special for electronic signature, and creating a financial regulation for electronic payment between the Integrity Commission and the Supervision Bureau,” explaining that
“the issue has moved from the stage of applied procedures to the stage of general organization.”
https://observeriraq.net/18-ترليون-دينار-حجم-التداول-الرقمي-في-ال/
