Next month will see the implementation of the electronic payment system

Economy

31-12-2020, 13:15

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Baghdad -INA

The Ministry of Commerce confirmed that mid-January will be the date for the application of the electronic payment system for exporters and importers, while it indicated the reasons for the obstacles to the export process.

The general manager of the General Company for Fairs and Iraqi Commercial Services, Sarmad Taha Saeed, told the Iraqi News Agency (INA): "The company has signed a contract with the Central Bank regarding electronic payment, as the middle of next month will be the date for the application of the electronic payment system, which will allow exporters and importers to pay from During any available card.”

He added that "attractive offers were made to the exporters, by giving ten percent of the invoice value without charge, in support of the Iraqi exporter, as our goal is not only to export, but rather to be the transfer in Iraqi banks, and to provide hard currency."