Growing Use of E-Wallets in Iraq: A Step Toward Financial Inclusion and Combating Corruption

The country's digital payments sector is experiencing rapid growth, driven by the proliferation of smartphones and government measures supporting the digital economy. Experts in digital transformation assert that this growth enhances financial inclusion and reduces reliance on cash, despite disparities in usage rates across regions and age groups. These digital solutions contribute to combating corruption, limiting tax evasion, and raising transparency levels. To ensure the success of this system, specialists call for developing infrastructure, updating legislation, and raising awareness of cybersecurity to counter challenges such as fraud and phishing attempts.