Cover
Volume 7, Special Issue 6 (2026)

Published: October 25, 2026

Pages: 63-71

Research Article

Electronic payment systems and their role in E-Commerce: Iraq as a case study

Amir H. M. Al-Bazi 1
1Department of accounting, college of administrative sciences, Al-Mustaqbal university, Babylon, Iraq
History
  • Received: August 14, 2026
  • Available Online: October 25, 2026
DOI

https://doi.org/10.56967/ejfb2026982

Abstract

The purpose of this study is to clarify the concept of electronic payment systems and their role in supporting financial and economic activity. In light of rapid technological developments and the global digital transformation, electronic payment systems have become a fundamental pillar for the growth of e-commerce, due to the speed, security, and convenience they provide in completing financial transactions. The study examines the role of electronic payment systems in the Iraqi market, and reviews the main types of electronic payments in Iraq, such as payments through e-wallets, electronic payments via Google Pay, Iraqi postal cards, and payments through the Fatora gateway. The research recommends the adoption of a comprehensive national strategy to develop digital and financial infrastructure, enhance financial and digital literacy among individuals and businesses, and update the legislative and regulatory framework to ensure the security and efficiency of electronic payment systems. This would significantly contribute to advancing e-commerce and achieving sustainable economic development in Iraq.

Keywords

References

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