Al-Sudani praises Visa’s cooperation in expanding electronic payment technology

by times news cr

2024-02-22T15:09:39+00:00

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/ Iraqi Prime Minister Mohammed Shia al-Sudani confirmed on Thursday that the government has placed the issue of economic and banking reform among its top priorities, while praising Visa’s cooperation in expanding electronic payment technology and digital transformation.

This came during the Prime Minister’s reception of the Regional President of Visa, Central and Eastern Europe, the Middle East and Africa, Andrew Torre, and his accompanying delegation, according to a statement received by Agency.

Al-Sudani stressed that “the government has placed the issue of economic and banking reform among its most important priorities, and it seeks and welcomes cooperation in this field,” pointing to “the approval of the electronic payment system in the Council of Ministers.”

The Prime Minister praised the company’s “cooperation in expanding electronic payment technology and digital transformation, whether through training workers in Iraq or by contributing to education about the electronic payment process.”

For his part, Andrew Torre expressed his “desire to continue cooperation with the Central Bank of Iraq and all Iraqi banking sector institutions,” noting “Visa’s interest in supporting the Iraqi government’s plans towards electronic payment and economic and banking reform, by introducing advanced solutions and technologies to the market, as well as its readiness to bring expertise, in addition to employing more Iraqis in its office in Baghdad, with the aim of reaching 500,000 points of acceptance of electronic payment points of sale in Iraq.”

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