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Ki: Electronic payment supports economic reform


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They advertize  and brag their banking progress and their wealth in huge oil revenues and 90 tons of gold, yet the said today they cant pay even their loans...One tenth of a penny to the dollar is their currency? Who's impressed with this government and their banking strides in the middle east?

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  • yota691 changed the title to Al-Rasheed decides to reduce the price of issuing MasterCard card for defense personnel
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CBI signs MOU with Yunin B International International   July 4, 2018  Banks Economy News Baghdad:

Number of readings 26 Section: Iraq   CBI signs MoU with Yunin Bi International     Baghdad, July 4, 2018 - The Central Bank of Iraq (CBE) announced today the signing of

From a cash society to an electronic society.   Iraqi banking system continues moving forward with the implementation of electronic payment.   Electronic payment means less physica

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Alsumaria News / Baghdad 
Al-Rasheed Bank announced on Sunday the reduction of the price of issuing the MasterCard card " Nakheel " to the employees of the Ministry of Defense . 

"The board of directors has issued a decision to reduce the price of issuing the MasterCard card to the Ministry of Defense employees from 10,000 to 5,000 dinars," the bank's information office said in a statement. 

The press office added that "the decision comes in recognition of their heroic positions." 

Al-Rasheed Bank announced the end of the Kart contract and the contract with MasterCard.

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Kee: Improving performance is in line with the Iraqi family

Kee: Improving performance is in line with the Iraqi family

Editorial Date: 2018/7/30 14:41 • 298 times read

[Ayna-Baghdad] 
KI has continued to improve performance through an integrated plan that adopts programs to qualify human resources working in the joints of the company and in accordance with the contexts in force the largest payment companies in the world.

The company's media advisor, Ghazi Kanani, said: "The company operates in accordance with the international contexts that dictate communication with international developments in the field of payments. The company introduces new products periodically, which represent the most important requirements for improving performance and upgrading to global service delivery. Such as Visa seeks in its plan for 2020 to make the authorization of financial movements on its network is biometric way, which makes the system of national pride in terms of design and performance. 
Kanani pointed out that "the company's management is looking to make this local effort in the forefront by providing advanced products that correspond to the wishes of the beneficiaries who are already in touch with a great development in the service, which offers the same competencies at all work outlets."
"The company teams continue to work intensively to develop new systems and products that have a positive impact on the economy of the Iraqi family benefiting from the services of [K]." 
He explained that "the citizen began to touch the developments adopted by the company through the products that have adopted recently," pointing out that "new products will be announced during the coming period." 

Kee's family includes more than 7 million beneficiaries across Iraq.

http://www.alliraqnews.com/modules/news/article.php?storyid=76271

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  • yota691 changed the title to Kee company keeps pace with the best electronic payment systems
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Kee company keeps pace with the best electronic payment systems

06/08/2018

 

 

(Independent) .. Kee continues to develop electronic payment mechanisms in line with products offered worldwide. 
The company's media advisor, Ghazi Kanani, said that KI is working on adopting the best smart systems around the world and benefiting from them to provide advanced products that are easy to provide financial dues, thus becoming the first national company to provide world-class services and keep up with the new developments in the field of electronic payment. 
Kanani pointed out that the company's teams are working diligently to monitor the development of payments around the world and take advantage of them locally. The company recognizes that the volume of work in Iraq needs advanced payment systems that contribute to the provision of modern payment requirements. 
International companies such as Visa, in its 2020 plan, are seeking to make the financial movements on its network biometric, making Kee the national pride in terms of design and performance.
The family of the company To include More than 7 million beneficiaries in all parts of Iraq

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Kee keeps pace with the best electronic payment systems

Kee keeps pace with the best electronic payment systems

Release Date: 2018/8/7 8:59 • 210 times read

[Ayna-Baghdad] Kee 
continues to develop electronic payment mechanisms in line with products offered worldwide.

The company's media advisor, Ghazi Al-Kanani, told All Iraq, "[KI] is working on adopting the best smart systems around the world and benefiting from them to provide sophisticated products that are easy to provide financial dues. This is the first national company to provide services at a world level. Witnessed by the field of electronic payment international ". 
Kanani pointed out that "the company teams are working diligently to monitor the reality of the development of payments around the world and to benefit from them locally, as the company recognizes that the volume of work in Iraq needs advanced payment systems contribute to the provision of modern payment requirements." 
"International companies such as Visa, in its 2020 plan, are seeking to make the financial movements on its network biometric, making the Ki system a national pride in terms of design and performance."

http://www.alliraqnews.com/modules/news/article.php?storyid=76469

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Release date: 2018/8/7 8:59 • 217 times read
Kee keeps pace with the best electronic payment systems
[Ayna-Baghdad] Kee 
continues to develop electronic payment mechanisms in line with products offered worldwide.
The company's media advisor, Ghazi Al-Kanani, told All Iraq, "[KI] is working on adopting the best smart systems around the world and benefiting from them to provide sophisticated products that are easy to provide financial dues. This is the first national company to provide services at a world level. Witnessed by the field of electronic payment international ". 
Kanani pointed out that "the company teams are working diligently to monitor the reality of the development of payments around the world and to benefit from them locally, as the company recognizes that the volume of work in Iraq needs advanced payment systems contribute to the provision of modern payment requirements." 
"International companies such as Visa, in its 2020 plan, are seeking to make the financial movements on its network biometric, making the Ki system a national pride in terms of design and performance."
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Mastercard’s MoU With Central Bank of Iraq Signals Bright Future for the Country’s Emerging Digital Payments Ecosystem




August 08, 2018



 In a move that underlines its commitment tosupporting Iraq’s emerging digital landscape, Mastercard, a leading technology company in the global payments industry, recently signed a Memorandum of Understanding (MoU) with the Central Bank of Iraq (CBI), aimed at accelerating the development of a strong payments ecosystem in the country.       As part of the MoU, Mastercard and CBI will explore areas of potential collaboration across a broad spectrum of initiatives, including electronic payment strategy and policies, fraud management, financial inclusion, advisory services, and acceptance solutions. A joint working group will be created featuring representatives from both organizations, which will be tasked with assessing each aspect of the partnership and developing an actionable business plan.      According to The Little Data Book on Financial Inclusion 2018 by World Bank Group, only 20.3% of adults in Iraq own a financial institution account, 4.2% have a mobile money account and 19.1% made or received digital payments in the past year, indicating a significant opportunity to drive the development of an inclusive financial sector in the market, which can be accelerated through a wider adoption of electronic payments.     The collaboration between Mastercard and CBI is set to provide greater access to convenient and secure electronic payments solutions in Iraq, increasing the rate of economic development and assisting the government’s efforts to implement an inclusive growth strategy. In addition, Mastercard will commit to dedicating a senior resource to steer the company’s expansion plans in the country. The appointment will deliver greater value for its growing customer base by ensuring that key stakeholders have access to all necessary support.        H.E. Dr. Ali Mohsen Al-Alaq, Governor of the Central Bank of Iraq, said: “The signing of this MoU represents an important step on the road to developing and enhancing Iraq’s digital payments ecosystem. Mastercard’s global industry standing and reputation for innovation make this collaboration the logical choice for CBI as we look towards strengthening the nation’s economy and improving access to secure and reliable banking services for its citizens.”      Khalid Elgibali, Division President, MENA, Mastercard, said: “Today’s agreement reflects the trust governments around the world place in Mastercard’s innovative technologies and payments solutions, which we will leverage to boost financial inclusion and provide increased convenience and security for consumers in this rapidly evolving market. We look forward to deepening our connections in Iraq through close collaboration with the CBI and our commitment to dedicate a senior resource to oversee operations in the country.”     The signing of the MoU was announced on the sidelines of the International Arab Banking Summit 2018, which took place from 28 to 29 June at the Peninsula Hotel in Paris, France. Mastercard was the official technology partner for the summit and also sponsored the event’s awards ceremony, during which H.E. Dr. Ali Mohsen Al-Alaq was honored as “Governor of the Year 2018”.                   Iraq News 




Source:  https://www.albawaba.com/business/pr/mastercard%E2%80%99s-mou-central-bank-iraq-signals-bright-future-country%E2%80%99s-emerging-digital-paym
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KI and Iraqi Media Network discuss joint cooperation

Release date: 2018/8/9 8:31 • 210 times read
KI and Iraqi Media Network discuss joint cooperation
[INA-BAGHDAD] 
The Iraqi Media Network and the International Smart Card Corporation (KCARD) have considered strengthening cooperation between the two sides.
The head of the network, Mujahid Abu Al-Hill, the director of the international card company Bahaa Abdul-Hussein Al-Hadi, discussed with him the support of the effort to launch the Iraqi sports channel "HD". The two sides also discussed "getting the sponsorship of the company for the programming session of the Iraqi sports channel." 
Abu Al-Hill expressed the readiness of the Network for marketing to the national company [Ki] to raise awareness of citizens by highlighting the importance of using this card, which represents a local product is sophisticated and distinctive. " 
For his part, the managing director of the company [K] Bahaa Abdul Hadi that" The development and modernization that help to deliver global products to the wider public. " 
The KI family has exceeded 7 million holders of this national company.
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  • yota691 changed the title to Company Ki: We have a national responsibility to serve the citizen
Date of release: 2018/8/12 12:19 • 200 times read
Company Ki: We have a national responsibility to serve the citizen
[Ayna-Baghdad] 
Ki Company has confirmed the continuation of its service activity on a wider area within the country and commensurate with the needs of the Iraqi family, which requires easy access to advanced financial products.
"The company recognizes that it has a great responsibility to serve the citizens and meet their requirements to alleviate the burdens of life by providing financial services at a global level, especially as we are a national company working in close proximity to the community," said Ahmed Kazem, director of the commercial department at the company. To provide all services and enhance mutual trust between the company and 7 million citizens holding the company card. " 
Kazem pointed out that "the reality of payments in Iraq in a continuous development, where the company operates according to the requirements of the local market, which seeks sustainable development and requires sophisticated products, as confirmed by the instructions of the Central Bank of Iraq, which is the organizer of the electronic payment process and contributed to make a quantum leap in this area "He said.
He pointed out that "this national edifice works to provide products that do not burden the Iraqi citizen and easy and does not bear the additional financial burdens, and international companies such as Visa seeks in its plan for 2020 to make the authorization of financial movements on the network is biometric way, which makes the system of national pride In terms of design and performance. " 
Kee's family includes more than 7 million beneficiaries across Iraq.
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  • yota691 changed the title to KE: Adopting the best payment systems our goal
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KE: Adopting the best payment systems our goal

28/10/2018

 

 

 

(Independent) .. The commercial manager of the company, Ahmed Kadhim, said that the company is fully aware of the importance of working to adopt the best payment systems around the world.

He pointed out that the company continues to develop payment programs, and in line with developments in the developed world in this area. 
Kazem added that the form of transactions and electronic payment mechanisms will witness a positive change in the coming period, especially after the citizen began to interact with these developments in electronic payments, which has spread in the country.
He pointed out that the teams of the company to continuously indicate the products that touch the life of the beneficiary and work to make it reach the high flow through programs can deal with it easily, stressing the role of biometric technology in the detection of cases of duplication and counterfeiting, which contributes to the preservation of public money and the exploitation of resources in an optimal manner And make the customer experience easy to adopt the fingerprint not the secret code, it is worth mentioning that international companies such as Visa seeks in its plan for 2020 to make the authorization of financial movements on its network is biometric way, which makes the system of national pride in terms of design and performance. 
Kee's family consists of 7 million beneficiaries in all areas of Iraq. 

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" Great news " month after month, on & on . . . Good God, at some point doesn't the talk have to to END and ACTION begins. Isn't 15 years enough of this Tom Foolery or are we going to have a Sweet Sixteen (yrs.) Party ?

 

No doubt I've jinxed it now by asking . . . :facepalm:

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  • yota691 changed the title to Al Rashid launches service in the retirement building
Wednesday 14 November 2018 :
12:13 pm
53 
15421868280d2daa183ea8c13fa4e6b51bd90c84d5.jpg
 

Rasheed Bank announced on Wednesday the opening of a center for issuing the MasterCard card for retirees in the public retirement building.

The bank said in a statement that "a center has been opened to issue a MasterCard card (Nakheel) to the bank's retirees inside the building of the General Retirement Authority." 
The bank called on "all retirees to review the center to issue a new card," noting that "the bank and earlier opened a center in the Yarmouk branch will be in the next few days the opening of other centers in Baghdad and the northern, central and southern." 
Al-Rasheed Bank announced the end of the Kart contract and the contract with MasterCard.

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  • yota691 changed the title to Al Rasheed opens a center to issue the MasterCard card in the retirement building
 
Wednesday, November 14,
 
 
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Alsumaria News / Baghdad
, Rasheed Bank, announced Wednesday, the opening of the card issuing "Master Card" Center for retirees in thepublic pension building. 

The bank said in a statement received, Alsumaria News, a copy of it that "a center was opened to issue a MasterCard card (Nakheel) to the bank's retirees inside the building of the General Retirement Authority." 

The bank called on "all retirees to review the center to issue a new card, indicating that the bank and earlier opened a center in the Yarmouk branch will be in the next few days the opening of other centers in Baghdad and the northern, central and southern."


Al-Rasheed Bank announced the end of the Kart contract and the contract with MasterCard.

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KI continues to adopt advanced payment systems

13/11/2018

 

 

 

(Independent) .. Smart card company confirmed the continued modernization of the work system according to the best global systems witnessed by the detailed payments.

Commercial Director Ahmed Kazem said: "The specialized teams in the company to follow up the developments in the field of payments in various countries of the world, and work to adopt these developments locally.

He added that the company is working on the transfer of advanced technology in this important joint, which carries great positives for the domestic financial sector, and works to change the form of financial transactions and the harmony and guidance of the Central Bank of Iraq.

Kazem pointed out that a field of work the size of the Iraqi market in dire need to start where the world ended in this area, where it requires the reality of flexible and guaranteed transactions, and this is what the company provides.

He pointed out that the teams of the company to continuously indicate the products that touch the life of the beneficiary and work to make it reach the high flow through programs can deal with it easily, stressing the role of biometric technology in the detection of cases of duplication and counterfeiting, which contributes to the preservation of public money and the exploitation of resources in an optimal manner And make the customer experience easy to adopt the fingerprint not the secret code, it is worth mentioning that international companies such as Visa seeks in its plan for 2020 to make the authorization of financial movements on its network is biometric way, which makes the system of national pride in terms of design and performance.

Kee's family consists of 7 million beneficiaries in all areas of Iraq.

 

https://www.mustaqila.com/شركة-كي-تواصل-تبنيها-أنظمة-مدفوعات-متط/

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Al-Rafidain: The MasterCard card in our branches includes employees and citizens
 
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Economy News _ Baghdad

Al-Rafidain Bank announced that the issuing of the MasterCard card in its branches includes employees and citizens. 
The bank's information office said in a statement received by "Economy News" a copy of it, "The citizens and employees can visit branches dedicated to granting electronic cards in Baghdad and the provinces for the purpose of obtaining those cards." 
He pointed out that "the MasterCard card has many advantages used by its holders in depositing and withdrawing funds wherever they are."


Views 67   Date Added 11/18/2018

 
http://economy-news.net/content.php?id=14397
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14 minutes ago, 6ly410 said:

the MasterCard card has many advantages used by its holders in depositing and withdrawing funds wherever they are

so  I must  ask  " are these the cards  that  the banks are issuing out  ?  or  are these cards from  mastercard services ",  and  these charges are not tied too actual banks ?   get   the citizens  wayyyy  in debt  ,  then pull the plug on the dollar , raise dinar value , and  the average  citizen  is  a little bit poorer , at the end of  banking transactions  ( after paying off the  huge  mastercard  bill )  ?   

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  • yota691 changed the title to Al-Rafidain: The MasterCard card in our branches includes employees and citizens

Al-Rafidain: The MasterCard card in our branches includes employees and citizens

09:17 - 18/11/2018

 
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Baghdad - Mawazeen News 
Rafidain Bank announced that the issuance of the MasterCard card international branches include employees and citizens. 
"Citizens and employees can visit their branches dedicated to granting electronic cards in Baghdad and the provinces for the purpose of obtaining these cards," the bank's media office said in a statement received by Mawazine News. 
He pointed out that "the MasterCard card has many features that are used by its holders in depositing and withdrawing money in any place where it is."

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Release date: 2018/11/18 9:10  997 times read
Rafidain Bank issued an explanation in granting the Master Card
{Baghdad: Al-Furat News} Rafidain Bank, announced that the issuance of the card {mastercard} international branches include employees and citizens.
The bank's information office said in a statement received by the agency {Euphrates News} a copy of it, "The citizens and employees can visit branches dedicated to granting electronic cards in Baghdad and the provinces for the purpose of obtaining those cards." 
He pointed out that "the MasterCard card has many advantages that are used by its holders in depositing and withdrawing funds wherever they are."
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Date of release: 2018/11/18 9:59 • 145 times read
Al-Rafidain: The MasterCard card includes employees and citizens
[Ain-Baghdad] 
Rafidain Bank, the issuance of the card [Master Card] international branches include employees and citizens.
"Citizens and employees can visit their branches dedicated to granting electronic cards in Baghdad and the provinces for the purpose of obtaining these cards," the bank's information office said in a statement received by the agency All Iraq. 
He pointed out that "the MasterCard card has many advantages used by its holders in depositing and withdrawing funds wherever they are."
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  • yota691 changed the title to Ki: Electronic payment supports economic reform

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