The central bank calls for dealing with electronic payment tools and avoids dealing in cash

[DWS112]

The central bank calls for dealing with electronic payment tools and avoids dealing in cash

05-03-2020

 

On Thursday, the Central Bank of Iraq called on merchants and citizens to deal with electronic payment tools and avoid dealing in cash, in order to preserve public health.

The bank said in a statement, Alsumaria News received a copy of it, that "it coincided with what our dear country is going through, and as a result of the Central Bank of Iraq following up on international reports that warn of the ability of banknotes to be a medium for transmitting viruses, this bank invites merchants and citizens to deal with electronic payment tools ( Cards, points of sale, mobile wallets).

He also called on the bank to "avoid dealing in cash in order to preserve public health."

Yesterday, Wednesday, the Ministry of Health announced the registration of three new cases of "Corona" virus in Diyala and Najaf provinces, confirming that the total number of infections throughout Iraq reached 35.

Edited March 5, 2020 by DWS112

[dinarham]

somebody thinks we're all stupid . it's not the corona virus that is making them not want to deal in cash . did they stop dealing in cash during the sars epidemic ,which had a  mortality rate 5 times more than corona ?  They are hot on  keeping theif meat hooks on dinar

[Officiallytook]

The markets going crazy, stocks tumbling, think now is the time to flip the switch while everyone is focused on not using hard cash (even here) taking off work etc etc then you have the politics over here I. The states everyone's eyes is everywhere else but Iraq and their moneys

Edited March 5, 2020 by Officiallytook

[kwg]

The quote "Never miss the opportunity to take advantage of a good crisis" comes to mind.

[screwball]

5 hours ago, kwg said:

The quote "Never miss the opportunity to take advantage of a good crisis" comes to mind.

Exactly

[horsesoldier]

World events do not occur by accident. They are made to happen, whether it is to do with national issues or commerce; and most of them are staged and managed by those who hold the purse strings. — Denis Healey

( something to ponder, huh )

Denis Winston Healey, Baron Healey PC (30 August 1917 – 3 October 2015) was a British Labour Party politician who served as Secretary of State for Defence from 1964 to 1970 and Chancellor of the Exchequer from 1974 to 1979. He was a Member of Parliament for 40 years (from 1952 until his retirement in 1992) and was the last surviving member of the cabinet formed by Harold Wilson after the Labour Party's victory in the 1964 general election.

 

I am not affiliated with the Labour Party nor do I live in the UK  . . . I just get around allot  - Horsesoldier 

[6ly410]

An economist warns against theft of citizens on the pretext of electronic card after the "Corona" outbreak
09:50 - 06/03/2020

https://www.almaalomah.com/2020/03/06/460257/

Information / private ..

The economist, Wissam Al-Tamimi, Friday warned against exploiting and stealing the citizen by calling for the acquisition of the electronic bank card without dealing in cash, on the pretext that there is a possibility of the Corona virus being transmitted by touch.

Al-Tamimi said in a statement to, "Information," that "global development has benefited all mankind, especially those related to banking systems that operate in all countries of the world with an electronic card system that is mobilized with an amount of money instead of cash in markets and stores."

He added that "the electronic card is present in Iraq and is activated, but that is not at the required level, despite its usefulness, but the case for its selection and dealing with this card by the central bank in conjunction with the outbreak of the Corona virus places many unanswered questions."

And that "the card is granted by banks and this is done at an amount that sometimes reaches 25 thousand dinars, and in the event that he wants to get it at the very least a million Iraqis, the bank will get through this an amount of more than 25 billion dinars, and therefore this is an exploitation of the status quo and catching Citizen of Iraq. ”

He stressed the necessity of reducing the amounts of transactions for obtaining the electronic card in order to get out of the exploitation field and enable everyone to obtain it easily and thus achieve the benefit for the citizen and the bank. 25 n ended

[Gunnytex]

Closing Ports to Kuwait & Iran as well ?

[Spartakus]

Well, because of the coronavirus.i don't think that we should read too much into those moves. The gurus and dinar dealers want us too, it serves their selfish interests, for sure.

[MyLadiesDaddy]

Thank you