The Effectiveness of Electronic Payment Methods and their impact on enhancing Financial Inclusion requirements: A Comparative Study Between Iraq and the United Arab Emirates

Abstract

This research aims to identify the role of electronic payment methods in promoting financial inclusion, with a comparison between Iraq and the United Arab Emirates.  Electronic payment methods have been accepted all over the world at varying levels.  Electronic payments are widely adopted in many countries, while the use of these electronic payments is low in Iraq.  The use of electronic payment methods also plays an important role in promoting financial inclusion, as their use instead of cash payments contributes to enhancing financial inclusion, which is the foundation for implementing electronic payments.  The greater the use of electronic payments, the greater the spread of ATMs and points of sale in the sample countries.  Therefore, it is necessary to provide the technical infrastructure and technology necessary to implement electronic payments and attract the necessary human skills, such as the spread of communication technologies, information technologies, and internet networks, which enhance citizens' levels of use of these methods.  Technologies that enable community members to access financial services