Business And Markets

Credit Card Share Lingers

Credit Card Share Lingers Credit Card Share Lingers

More than 206,000 credit cards were used in the fifth month of the Iranian fiscal year that started in March -- a growth of 8.3% compared with the month before. 
Despite the increase in the number of cards, credit cards still account for less than one percent of the total bank cards used by Iranians, Shaparak Company, the supervisory body of Iran payment network, reported. 
Iranians collectively made transactions with more than 111.6 million bankcards (including debit cards, gift cards and credit cards) during the month to August 21. This was a slight decline of 0.36% compared to the month before. 


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