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Steep Decline in e-Payment

Steep Decline in e-Payment
Steep Decline in e-Payment

Shaparak, the nationwide payment network, processed 1.92 billion transactions worth 1,978 trillion rials ($ 12.3 billion) during the Iranian month to April 20 – down 15.7% in volume and 39.71% less in value compared to the earlier month.
According to a report released by Shaparak website, a year-on-year comparison of the numbers indicates 5.7% growth in the value of transactions. The report  indicates 7.85% growth in the number of transactions compared to last year. 
Decline in monthly numbers seems normal, as the number of transactions and their collective value usually peak in the final month of the fiscal year (February to March 21). 

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