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Parliament: the need to work the credit card
Date: Thursday, 05.03.2012 6:55
Baghdad / term
Deputy Chairman of the Finance Committee in the House of Representatives Ahmed Hassan Faizullah the need to work credit card in all Iraqi banks two branches of public and private, to facilitate the financial matters for the citizens.
added Faizullah according to the Agency (news): The work card credit in the banks Iraqi cultural phenomenon is followed in most international banks to facilitate financial transactions for citizens, pointing out that most international banks began to use these new technologies, but Iraq,
Because it still lacks the level of awareness needed to understand how to work these phenomena modern. Continued overflow of God: that the work of these techniques needs to educational programs and awareness of the citizens by targeting layers of Education and farmers through the dissemination of education programs and how to use scientific techniques of modern practice in the world, as happened in South Korea.
and credit card banking are given from which the source Kalmsrv and Credit Union Foundation, savings or any other financial institution line of credit Roundabout to the holder of the card, The card is in fact a loan consumers can use it to purchase its requirements and then pay later, if he is unwilling in the payment of all the borrowing them (buy) in any month, it allows him to rotate the part or all of the borrowed amount to the next month, with the result in this case the payment of interest on the debit balance (the existing).
The most famous types of cards (card account, the card of the city, ATM card, the card secured credit, smart card, prepaid card, card coalition, card allowances (bonuses), the card with a dual-brand).
are characterized by the idea of any work in the credit card banking a kind of cultural progress and cognitive development
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