Business And Markets

CBI Diversifying Payment Tools

CBI Diversifying Payment Tools
CBI Diversifying Payment Tools

The Central Bank of Iran has recently rolled out various retail payment instruments, or developed guidelines for payment companies in recent months. 
"The effort is in line with the policy to enable bank customers' access to a variety of payment services," Davoud Mohammad-Beigi, the head of CBI's Department of Payment Systems, was quoted as saying by CBI's public relations website. 
The most important payment services recently unveiled are contactless payment using smartphones and electronic wallets. 


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