Central Bank of Iraq Launches Digital Payment Campaign

By John Lee.

The Central Bank of Iraq (CBI)'s Basra branch has launched the campaign "Your Transport is Easier ... with Easier Payment" in cooperation with electronic payment companies operating in the province. The initiative is part of the National Financial Inclusion Strategy 2025-2029.

The campaign aims to deploy point-of-sale (POS) devices in public transport vehicles and taxis contracted with the Central Bank's Basra branch, with the devices provided free of charge by service providers.

According to the Bank, the effort is intended to promote financial inclusion and digital payments among the public, particularly targeting bank card holders and marginalised groups.

(Source: Central Bank of Iraq)

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