Monthly Rise in Electronic Transactions

Shaparak, Iran’s payment settlement network, processed 2.79 billion transactions worth 4,562.46 trillion rials ($19.01 billion) in the month ending Jan. 19.
Compared to the month before, the transactions registered a 3.96% and 8.87% rise in volume and value, respectively, according to the monthly report published on Shaparak’s website.
The transaction value rose 62.15% compared with the same period of last year when 2.20 billion transactions worth 2,813.72 trillion rials ($11.72 billion) were processed. In terms of volume, it showed a 26.69% growth on a year-on-year basis.