“...it was decided to transfer all financial transactions electronically through the (POS) point of sale system in traffic departments in Baghdad and all governorates instead of cash dealing.” …it is a borderline “WOW!” article for us today as Dinar investors. …electronic banking and POS has been on the radar and will continue to be pivotal in the monetary reform process…. It is a very good step, a sign in the right direction and may help take the demand off the dollars thus reducing the rate in the black market for the dollar.