Banks Issuing More Credit Cards

The number of active credit cards, the least common bank card in Iran, increased 15.5% during the month to Feb 18 compared to the month before. 
Data released by Shaparak Company, the company affiliated to the Central Bank of Iran in charge of managing the national payment network, shows that 242,800 credit cards were used at least once during the one-month period. 
Iranian banks issue credit cards, debit cards, and gift cards. Numbers show debit cards are still the most common form of bank cards accounting for 95.2% or 111.7 million of the total active cards. Credit cards had 0.21% share of the total.