Expert: the use of electronic systems, financial transactions will reduce paper currency exposure to damage and theft

25-10-2013 07:21 AM

Baghdad (news) .. Economic expert said Dergham Mohammed Ali, the importance of the use of electronic systems to financial transactions, to reduce the use of paper currency prone to damage and theft.


Said Mohammed Ali (of the Agency news): The electronic systems of the best ways applicable universally being reduced from dealing currency paper prone to theft and damage, indicating possible to be used to pay large sums of money that can not be moved manually from the provinces by mobile phone or card electronic payment.

He added: electronic systems in place in Iraq, but in a limited way, the fact that the culture around a few, on the banks to provide educational programs for citizens to know what it is.

And: that this system offers to the citizen financial transactions safer and urbanization, on the condition that the company is contributing to a trusted and sobriety and have adequate security systems to maintain the balance of its users.

He noted: the need to take mobile companies guarantees that the process is done the confidentiality and security of caffeine so that it maintains the assets of citizens in the event of the use of these services.

The project needs to be propaganda and media to educate citizens and learn how to use this technique, which will add a remarkable development of the Iraqi banking sector.



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