The Arab Electronic Payment Company and the Kurdistan International Islamic Bank sign an agreement to support the digital economy

Part of signing the agreement
 
05/10/2021

Economy News - Baghdad

The Arab Electronic Payment Company and the Kurdistan International Islamic Bank signed, on Tuesday, a cooperation agreement to issue electronic cards and comprehensive and advanced electronic payment services.

An official source in the company said, in a statement received by "Al-Iqtisad News", that "the agreement signed by the managing director of the Arab Electronic Payment Company Haider Al-Obeidi and the managing director of the Kurdistan International Islamic Bank Dr. Khawla Talib Al-Asadi comes with the aim of achieving integration in performance that advances the reality of comprehensive electronic services to deliver them." To the beneficiary in the shortest way, from citizens and companies.

The source pointed out that "this comes in harmony with the aspirations and goals of the Central Bank of Iraq by applying the principle of digital transformation in electronic monetary transactions, and serving the digital economy, which has become the country in its early stages."

He added that: Al-Arab Electronic Payment Company has a specialized team that follows up on every update in services witnessed by electronic payment globally, and is working to adopt it locally to serve the country and to always be at the forefront.

The source pointed out that "Arabs for electronic payment has succeeded in classifying it as the best company in providing electronic services in Iraq, as it is working on building an ambitious strategy to spread electronic payment services in Iraq, with which the citizen interacts greatly."

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