On: Friday 06/07/2012 11:14
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 the transactions banking.
said Abdulaziz (of the Agency news): The system of credit cards is one of the systems technological modern, which came to the banking and spread in all countries the world, but Iraq is still behind them because of failure for many years for technical development happening in the world in all fields.
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 it, noting it needs to be educational programs banking to educate citizens and encourage him in 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 electronic systems in modern work and link it to a network unified communications as is the case in all countries of the world’s developed to help to complete banking transactions through services electronic.
known as the credit card bank is a financial loan consumers can use it to purchase its requirements and then 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).
and most popular types of cards are the card account, the card of the city, ATM card, the card secured credit, smart card, prepaid card, card coalition, card allowances (bonuses), the card brand double.