Rafidain announces more than 3 trillion dinars in electronic collection

Rafidain Bank announced, on Wednesday, the total amounts of financial settlements related to electronic collection movements from state departments and institutions.

The bank said in a statement received by Shafaq News Agency that the amounts of financial settlements for state institutions that activated electronic collection and switched to electronic transactions and collected bills and fees from beneficiaries electronically via bank cards and POS devices amounted to more than 3 trillion dinars during the first nine months of the current year.

The bank pointed out that this achievement represents the great interaction using electronic payment in financial transactions and ensuring the preservation of money movement paths and making them in a safe and transparent environment.

Shafaq.com