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Payment Network Reports 33% Increase in Transactions

Payment Network Reports 33% Increase in Transactions
Payment Network Reports 33% Increase in Transactions

The nationwide payment settlement network, Shaparak, processed more than 2.87 billion payments worth 5,199.28 trillion rials ($23.3 billion) in the calendar month to July 21.
Transactions rose 33.78% in value and 5.09% in volume compared to the month earlier when the company processed 2.73 billion transactions valued at 3,886.38 trillion rials ($17.42 billion).
On year-on-year basis, the transactions increased 22.61% and 96.49% in volume and value, respectively.

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