Digital Finance

by **claud39** Tue Apr 06, 2021 10:32 am

[size=36][rtl]Digital Finance[/rtl][/size]

Monday 05th April 2021

Digital Finance Alsabaah-72716

Muhammad Sharif Abu Maysam

Digital finance means enabling every citizen to obtain financial services through technology

Modern.

This digital finance is an important tool of financial inclusion programs, as it provides tremendous opportunities for increasing financial inclusion and expanding basic services in light of the widespread use of phones.

Mobile.

Accordingly, there is an opportunity available to activate electronic payment systems, in conjunction with what the repercussions of the Corona pandemic impose on the importance of remote dealing, to expand the range of financial services towards other sectors, after the electronic accounts base expanded and private financing outlets multiplied as a result of the salaries of more than four million people. An employee, a retired employee and a large number of citizens covered by social care and legal guardianship in the institutions of the Ministry of Justice, as well as the expansion of the form of electronic services, which varied between payment services through sales cards, travel cards and mobile services

Bank.

In addition to the programs that talk about the intention to issue a farmer's card in the direction of expanding work towards the sectors of agriculture, transportation and health, so that digital finance is a way to include the poor classes with financial services through technology, which has become accessible to all people in the most remote point in the country.

From this realistic standpoint, which is based on a banking infrastructure that has had priority in preparation and preparation during the past years, the International Finance Corporation is talking today about the results of a study it conducted on the digital financial services sector in Iraq, where the experts of this institution will review the results of this study and how to benefit from them Through an interactive workshop called by this international institution, so that the attendees would be of those concerned with this matter, as well as those involved in financing the agricultural sector in

Iraq.

The huge development challenges facing the country require diligence at different levels, and among the most important of these levels is digital financial finance, which requires searching for new and different applications for digital finance in light of the administrative legacy based on red tape and bureaucracy in agricultural credit in particular, which will make receiving results The study conducted by IFC experts is meaningless without breaking the bureaucratic legacies in banking.

https://alsabaah.iq/44012/%D8%A7%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%B1%D9%82%D9%85%D9%8A