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Post Info TOPIC: The Central Bank disables all electronic payment cards.. and a source of explains link


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The Central Bank disables all electronic payment cards.. and a source of explains link
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The central bank disables all electronic payment cards.. A source {for Euphrates News} explains
 
An informed source revealed that the Central Bank of Iraq suspended most of the electronic payment cards, including the Master Card, due to a regulatory process.
He source told {Euphrates News} agency that: "All banks and banks to which cards were issued by electronic payment companies, including (Swig), Ishtar Gate and Qi Card, are currently suspended according to the decision of the Central Bank since last Thursday."

He added, "Maybe there are three banks that are still working with their electronic cards, since they are the ones issuing them, and they are also awaiting settlement."

The source pointed out that "MasterCard's entry into Iraq was delayed due to the Central Bank auction, and it is paid in dollars, which are issued exclusively to companies by the Central Bank."

He explained that "Master Card and [Swig] have been suspended, including palm cards, pending instructions from the Central Bank," noting that "most of the cards issued in Iraq are suspended due to a change in the central bank system and may return to work in the next two days."


 



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