Business And Markets

Electronic Payments Dwindle

Electronic Payments Dwindle Electronic Payments Dwindle

More than 2.8 billion transactions worth 4,839.19 trillion rials ($17.92 billion) were processed by the national payment settlement network, Shaparak, during the last calendar month (Sept.22-Oct. 21)
The transactions indicated 4.12% decline in volume and down 0.74% in value on monthly basis, the Shaparak website reported.
However, the volume and value of transactions rose 23.78% and 90.9%, respectively, compared to the same period last year when 2.26 billion transactions worth 2,534.96 trillion rials ($9.3b) were processed.


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