Accelerated Growth of E-Wallets in Iraq: A Step Towards Enhancing Financial Inclusion and Combating Corruption

Iraq is witnessing a significant shift towards the adoption of electronic wallets and digital services, driven by the spread of modern technology and government measures aimed at reducing reliance on cash. This transition contributes to expanding financial inclusion and facilitating citizens' efficient access to banking services. In this context, technical experts emphasize that financial digitalization plays a crucial role in curbing corruption and tax evasion through highly transparent documentation of financial operations. However, enhancing cybersecurity, developing digital infrastructure, and raising financial awareness remain essential prerequisites to ensure the success and sustainability of this economic transformation.