Digital Media: Cancellation of European sanctions on the Central Bank will activate the PayPal service officially

Posted, 14 Sep 2018 17:22:07

Digital

The Center for Digital Media, on Thursday, that the abolition of European sanctions on the Central Bank will lead to the activation of PayPal service officially in Iraq.

"The abolition of European sanctions on the CBI will make it a reliable financial institutionto deal with European international institutions and thus eliminate the obstacles to the activation of PayPal services officially in Iraq," the center said in a statement.

"PayPal is considered the best and most popular bank in the world, providing users with digital financial services. Thousands of e-shops and e-commerce sites support PayPal, which was established in 1998 and supports Arab countries - Qatar, Oman, Yemen, Kuwait, Jordan, Saudi Arabia, Algeria, Egypt, Tunisia, Morocco and Somalia. "

The Central Bank of Iraq announced on Thursday that it was officially released from the list of EU sanctions, pointing out that it has become a reliable financial institutions dealing with European international institutions.

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