PMA governor calls on Palestinians to use electronic payments

Businesses in West Bank and Gaza continue to register negative growth

Israel-Palestine on map

The governor of the Palestinian Territories’ monetary authority has emphasised the need for businesses there to use electronic payment methods, as the war between Israel and Hamas continues.

Speaking on October 13 to traders and businesspeople in the West Bank town of Nablus, Firas Melhem said the Palestine Monetary Authority (PMA) had intensified its efforts to facilitate electronic payments with the launch in July of Iburaq. The instant payment platform, which was initially meant to enable

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