Regulatory Alerts2025-01-01
Payment-2025- Circular No. 12 Launch of the Digital Financial Identity System
The Palestine Monetary Authority issued Circular No. 12/2025 to mandate the official launch of its Digital Financial Identity System (iDplus) on July 23, 2025. All payment service companies operating in Palestine must ensure their systems are fully ready and disseminate the circular to relevant departments to execute the necessary technical preparations. This directive finalizes the regulatory framework for fintech integration and establishes a standardized digital identity protocol across the Palestinian banking sector.
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