Assistant Professor Dr. Rahim Obaid Attia, a professor of commercial law at our college, chaired a committee to discuss a master’s thesis on electronic banking payments under the rules of governance – a comparative study, submitted by student Surur Ali Abbas Al-Hamdani.
The study aimed to understand the meaning of electronic banking payments and their legal characteristics, the extent to which banking systems adhere to the principles of governance in regulating the electronic payment process, and their impact on achieving transparency and disclosure standards between stakeholders. It also explored the legal nature of electronic banking payments.
The study concluded that there is no comprehensive definition of this term, and that electronic banking payments, like any other contract, share common characteristics, including being a consensual contract, binding on both parties, and compensatory. It also shares some unique characteristics, including being contracts concluded electronically and requiring confidentiality and trust.
Department of Media and Government Communication
College of Law – University of Karbala
