The Central Bank signs a memorandum of understanding with MasterCard International

Friday, June 29,



Alsumaria News / Baghdad
The Central Bank of Iraq announced on Friday the signing of a memorandum of understanding with the company "Master Card" global, pointing out that the memorandum will contribute to the development of electronic payment services in Iraq.

"On the sidelines of the Arab International Banking Summit held in Paris, the Central Bank of Iraq, represented by Central Bank Governor Ali Mohsen Ismail signed a memorandum of understanding with Master Card International," the bank said in a statement.


The statement added that "the memorandum of understanding will contribute to the development of electronic payment services in Iraq and the transfer of expertise and benefit from the innovations that characterize the global systems in this area," noting that "the signing was attended by a selection of Iraqi and foreign banks in addition to the Iraqi ambassador in Paris."

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The Central Bank signs a memorandum of understanding with MasterCard International
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Economy News _ Baghdad

The Central Bank of Iraq signed a memorandum of understanding (MoU) with MasterCard International to contribute to the development of electronic payment services in Iraq.
"On the sidelines of the Arab International Banking Summit held in Paris, the Central Bank of Iraq signed a memorandum of understanding with MasterCard International to contribute to the development of electronic payment services in Iraq and the transfer of expertise," said a statement by the Central Bank. And take advantage of the innovations that characterize this company. "
The statement added that "the signing was attended by a selection of Iraqi and foreign banks and the presence of the Iraqi ambassador in Paris."

http://economy-news.net/content.php?id=12768

Central Bank of «Economy News»: The presence of international payment companies will reflect positively on the citizen


Economy News Baghdad:

The Central Bank of Iraq, signed an agreement with MasterCard International to support Iraqi banks and payment service providers licensed to work according to international best practices in this regard, adding that the presence of international companies inside Iraq will be reflected positively on the citizen because it will increase services and reduce prices.

"The Central Bank of Iraq signed an agreement with MasterCard International on the sidelines of the 2018 Arab Banking Summit in Paris to strengthen the regulatory framework for work in Iraq, which will be "The agreement includes several aspects, including training and financial education and contribute to the development of the national strategy of electronic payment to upgrade financial and banking services, which will be launched in the next phase and strengthen the d Exporters and collectors of electronic payment tools. "

She added that "the Central Bank stands one distance from international companies for the purpose of promoting professional competition and aims to reflect positively on services, prices, innovation and diversity of tools."

"The Central Bank of Iraq is working to improve levels of financial coverage throughout Iraq through the existence of efficient systems and effective access to the services provided through them"

http://economy-news.net/content.php?id=12769