(So we had another article telling us this was coming to Kurdistan and now we see it is already in place and the name of the electronic banking system the are using is named “HISABI”. They will needs tens of millions of employees not just 150 thousand to sign up and set up accounts to be called successful.)
The Financial System Administration “Hisabi” in the Kurdistan Region announced, on Sunday, the expansion of the scope of its digital operations so that the number of beneficiaries of the system reached 150 thousand employees during the past week.
According to the official website of the “My Account” system, which Shafak News Agency has reviewed, the number is increasing monthly and 150,000 employees have received their salaries through the system, which reflects the continuous growth in the adoption of the system to facilitate the process of disbursing salaries through digital bank accounts.
The system is expected to include all eligible employees in the region by the end of next year, as they will be able to receive their salaries directly through their own bank accounts.
(Folks, this is nothing more than electronic deposit. The western developed countries have been doing this for many decades already. This way the federal government of Iraq can control the corruption assoc in the past with these payrolls to Kurdistan.)
This expansion comes within the framework of the Kurdistan Region’s efforts to enhance the digital infrastructure and facilitate financial transactions for citizens.
