Laid Back Posted July 4, 2018 Report Share Posted July 4, 2018 From a cash society to an electronic society. Iraqi banking system continues moving forward with the implementation of electronic payment. Electronic payment means less physical dinar in circulation.... This will help to reduce the note count even more Go CBI Go $1:1 3 2 4 Quote Link to comment Share on other sites More sharing options...
King Bean Posted July 4, 2018 Report Share Posted July 4, 2018 Iraq light just came on. It's the 21st century. E-pay is all the rage. Welcome. 7 Quote Link to comment Share on other sites More sharing options...
Rochester Posted July 4, 2018 Report Share Posted July 4, 2018 Ask yourself this question: If you were the head, of one of the world's biggest credit card companies, and you were negotiating with the government of Iraq, to use your credit card internationally, and use it with the Iraqi Dinar, and if you knew the Iraqi Dinar was NOT traded internationally, but the card would be issued in Iraqi Dinars....then do you think you would ask the Iraqi Finance Minister directly: Do you intend to trade the Iraqi Dinar internationally? Of course you would. And if you did not get a pretty clear and convincing answer to that question, you would not sign any international usage agreements for your card. So what must have happened, behind the scenes at the negotiations, is that the head of MasterCard or Visa or UninP asked the Finance Minister about this, and must have got a pretty convincing "Yes"...... The people who run credit card companies, are not fools. They would have to believe that Iraq will trade it's currency, internationally, in the foreseeable future....or they never would have signed those agreements. If the head of MasterCard is convinced this will happen....then that is good enough for me, to believe it... 1 3 Quote Link to comment Share on other sites More sharing options...
js214 Posted July 4, 2018 Report Share Posted July 4, 2018 (edited) 3 hours ago, Christoph said: More ground work being laid... GO RV Question is , how high above sea level do they need to be ? If they could use the BS they peddle , this thing should already be done. Edited July 4, 2018 by js214 1 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted July 4, 2018 Author Report Share Posted July 4, 2018 Central Bank signs MoU to develop smart technologies 05/7/2018 12:00 am Baghdad / Al-Sabah The Central Bank of Iraq (CBI) signed a memorandum of understanding (MoU) with Yunin Bi International International on Wednesday to develop smart payment technologies and electronic payment services in Iraq. "The company is one of the largest companies in China and most of the Asian countries in this field, in addition to being the third largest international company to issue and collect cards," said a statement issued by the Central Bank. "This agreement came in the light of the strategy of the Central Bank To develop electronic payment services and open the horizons of work and competition for international companies to participate actively in the implementation of current and future plans for the electronic payment sector, as well as the development of this sector and the transfer of expertise owned by this company to the Iraqi market, thus facilitating the payment and transfer of funds smoothly and smoothly E-cards saliva. " "The company intends to enhance the collection of card purchase payments through traders using the latest technology developed over the years in mature and promising markets," the statement said. "Supporting the international companies and organizing their work in the country will contribute directly to providing the best services and providing effective competition in this field," the statement said. "This is the third memorandum signed by the bank in 2018 with global card companies as part of its expansion plans. In the use of high technology to promote the work of cards and the development of payment systems in accordance with the best international practices. 1 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 4, 2018 Report Share Posted July 4, 2018 (edited) 8 hours ago, Floridian said: international companies 8 hours ago, Floridian said: Easy and smooth money transfer international remittance services Edited July 4, 2018 by 6ly410 5 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 5, 2018 Report Share Posted July 5, 2018 On 6/13/2018 at 8:24 AM, CSM (R) Thackrey said: I’m with you CF...what “truly” more MUST happen before they release the hounds!!! I have been wondering for sometime. 2 Quote Link to comment Share on other sites More sharing options...
Bama Girl Posted July 5, 2018 Report Share Posted July 5, 2018 On 4/24/2018 at 3:30 AM, jeepguy said: I wonder if the arab world calls the visa 1-800 number do they get English folks on the other end ? ( as English sometimes get foreign speaking assistance ) In the interest of justice, I surely hope so.😀😀😀 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted July 5, 2018 Report Share Posted July 5, 2018 Central Bank signs MoU to develop smart technologies 05/7/2018 12:00 am Baghdad / Al-Sabah The Central Bank of Iraq (CBI) signed a memorandum of understanding (MoU) with Yunin Bi International International on Wednesday to develop smart payment technologies and electronic payment services in Iraq. "The company is one of the largest companies in China and most of the Asian countries in this field, in addition to being the third largest international company to issue and collect cards," said a statement issued by the Central Bank. This agreement came in the light of the strategy of the Central Bank To develop electronic payment services and open the horizons of work and competition for international companies to participate actively in the implementation of current and future plans for the electronic payment sector, as well as the development of this sector and the transfer of expertise owned by this company to the Iraqi market, thus facilitating the payment and transfer of funds smoothly and smoothly E-cards saliva. The company intends to enhance the collection of card purchase payments through traders using the latest technology developed over the years in mature and promising markets," the statement said. "Supporting the international companies and organizing their work in the country will contribute directly to providing the best services and providing effective competition in this field," the statement said. This is the third memorandum signed by the bank in 2018 with global card companies as part of its expansion plans. In the use of high technology to promote the work of cards and the development of payment systems in accordance with the best international practice http://www.alsabaah.iq/Article.....?ID=159563 1 2 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 5, 2018 Report Share Posted July 5, 2018 What a day of news... something is up with all this banking action.... 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 5, 2018 Report Share Posted July 5, 2018 (edited) International all the way.. exciting Edited July 5, 2018 by 6ly410 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 5, 2018 Report Share Posted July 5, 2018 Navira..🥂 1 Quote Link to comment Share on other sites More sharing options...
navira Posted July 5, 2018 Report Share Posted July 5, 2018 Cheers bro...and all dvers 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 5, 2018 Report Share Posted July 5, 2018 Let’s go RV 1 2 Quote Link to comment Share on other sites More sharing options...
lmb4321 Posted July 5, 2018 Report Share Posted July 5, 2018 Hope everyone here had a Great 4th of July......Lets get the GOI seated....Step 1.... 1 1 2 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted July 5, 2018 Report Share Posted July 5, 2018 The Secretariat of the Council of Ministers is considering the stages of e-government and calculating the duration of retirees The Secretary General of the Council of Ministers chaired a meeting on e-government and the most prominent procedures for the treatment of retirees in the presence of Undersecretary of the Ministry of Finance, the President of the General Retirement Authority and the representative of the World Bank in Iraq Yara Salem, members of the Department of Quality Management and the Committee on Electronic Governance in the Secretariat General Council of Ministers. The head of the General Retirement Authority referred to the stages of e-government, including the electronic system to calculate the service of the retired, and work to issue a pension card with high security specifications, working on Visa Card and MasterCard, in addition to the application of smart phones, which can retire from financial transactions Through his mobile phone, and the most prominent electronic collection. He stressed the Secretary-General of the Council of Ministers on "the integration of efforts to complete the paper carrying the final recommendations on e-government to be submitted to the Council of Ministers, directed to hold a technical meeting between the concerned authorities to arrange the paper, adding," The Council of Ministers can issue a decision on the subject of linking the parties in the government e" . End Ah https://www.iraqpressagency.com/?p=278402 2 Quote Link to comment Share on other sites More sharing options...
Butifldrm Posted July 5, 2018 Report Share Posted July 5, 2018 Agreement between the Central Bank of Iraq and the Union B of China to develop electronic payment By Rudao 2 hours ago RODAO, Erbil - The Central Bank of Iraq (CBE) on Wednesday signed an agreement with China's UnionPay International to develop smart payment technologies and electronic payment services in Iraq. The signing took place at the Bank's headquarters in Baghdad, in the presence of officials from both sides. "The signing came in the light of its strategy to develop electronic payment services and to open the horizons of work and competition for international companies in the electronic payment sector," the bank said in a statement after signing the agreement. He added that "the agreement is also aimed at developing this sector and transferring the expertise that this company possesses to the Iraqi market, thus facilitating the payment and transfer of funds." The central bank is seeking to boost the collection of card purchase payments through traders using the latest technology developed by the Chinese company. Today's agreement is the third to be signed by the bank in 2018 with international card companies (MasterCard, Visa Card, UnionPay International). According to a report released at the end of 2017 by the bank, 89 percent of the country's adult population does not have bank accounts. Iraq has two main government banks, Rafidain and Rashid, with branches in all Iraqi provinces, as well as 50 private banks. http://www.rudaw.net/arabic/business/04072018 3 Quote Link to comment Share on other sites More sharing options...
yota691 Posted July 6, 2018 Author Report Share Posted July 6, 2018 Iraqi-Chinese agreement to develop electronic payment services Editorial Date: 2018/7/4 19:47 • 236 times read [Where-Baghdad] Central Bank of Iraq, signed on Wednesday, with the company "Union International BV" China, signed an agreement to develop smart technologies for payments, and electronic payment services in Iraq. "The signing process took place at the Bank's headquarters in Baghdad, in the presence of officials from both sides," the bank said in a statement. "The signing came in the light of its strategy to develop electronic payment services and open the horizons of work and competition for international companies in the electronic payment sector." He explained that "the agreement also aims to develop this sector, and transfer the expertise owned by this company to the Iraqi market, thus contributing to facilitate the processes of payment and transfer of funds." 1 5 Quote Link to comment Share on other sites More sharing options...
navira Posted July 6, 2018 Report Share Posted July 6, 2018 Going to bump this one more time 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 6, 2018 Report Share Posted July 6, 2018 31 minutes ago, navira said: Going to bump this one more time 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 6, 2018 Report Share Posted July 6, 2018 51 minutes ago, navira said: Going to bump this one more time Got my vote. 2 Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted July 6, 2018 Report Share Posted July 6, 2018 1 hour ago, navira said: Going to bump this one more time Bumpidy bump bump 3 Quote Link to comment Share on other sites More sharing options...
moneysoon Posted July 6, 2018 Report Share Posted July 6, 2018 Just wait them out.... If not in our lifetime my children or my children's children will be blessed 1 Quote Link to comment Share on other sites More sharing options...
pokerplayer Posted July 6, 2018 Report Share Posted July 6, 2018 13 minutes ago, Freedomwish said: Hey there FDW, long time no see. When did you get out of re-hab ? LOL J/K, hope all is well and your sitting tight like the rest of us,. pp Quote Link to comment Share on other sites More sharing options...
Freedomwish Posted July 6, 2018 Report Share Posted July 6, 2018 1 minute ago, pokerplayer said: Hey there FDW, long time no see. When did you get out of re-hab ? LOL J/K, hope all is well and your sitting tight like the rest of us,. pp I'm out now on vacation in Dominican Republic with family......for the moment, re-hab prescription has been El Ron Brugal Lmao Yup, I continue to be sitting tight with everyone.......though my @SS hurts for sitting around for years till this thing to pop hahahahaha........(sigh!) 1 2 Quote Link to comment Share on other sites More sharing options...
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