Friday, July 6, 2012

Expert: the need to encourage citizens to handle credit card transactions to facilitate banking

 Friday 06/07/2012

Baghdad (news) .. Emphasized the economic expert Ikram Abdul Aziz, the importance of working credit card bank and encourage citizen to deal with through awareness and education programs to facilitate banking transactions.
She said Abdulaziz (of the Agency news): The credit card system is one of the modern technological systems, which came to the banking and spread in all countries of the world, but Iraq is still too late because of her failure for many years for technical development happening in the world in all areas.

She added that the use of these techniques in Iraq is still limited and narrow because of the absence of full knowledge of the citizen how to use them, saying it needs to be educational programs banking to educate citizens and encourage him to deal with, because they will facilitate a lot of things banking through speed to meet their needs.

Confirmed: that the banking system in Iraq needs to introduce modern electronic systems in his work and linking unified communications network, as is the case in all countries of the world's developed to help to complete banking transactions through electronic devices.
Known as the credit card bank is a financial loan consumers can use to buy accessories and pay later, if he is willing to pay all the borrowing them (buy) in any month, it allows him to rotate the part or all of the borrowed amount to the next month, and the consequent in this case, the payment of interest on the debit balance (the existing).

The most famous types of cards are the card account, the city card, ATM card, the card secured credit, smart card, prepaid card, card coalition, card allowances (bonuses), the card-branded dual. / Finished / 8. N. R /

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