Baghdad, The Prime Minister, Muhammad Al-Sudani, met today, Tuesday morning, with a delegation from Visa, the global electronic payment card company.
During the meeting, Al-Sudani expressed the government’s determination to implement reform, to proceed with plans for financial inclusion and digitization of banking transactions, and to upgrade them to meet international standards and applicable specifications at an international level.
Al-Sudani stressed that the government’s steps in this field will facilitate financial transactions for citizens, reduce time and strengthen the umbrella of the law by implementing controls that combat money laundering.
For their part, representatives of the Visa company indicated their comprehensive support for the government’s plan to spread points of sale with electronic cards (POS), the steps of the Central Bank of Iraq, and the government program seeking more flexibility in economic transactions, while raising the level of efficiency and legal compliance.
Source: National Iraqi News Agency