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3.2b Electronic Payments in 1 Month

3.2b Electronic Payments in 1 Month
3.2b Electronic Payments in 1 Month

More than 3.23 billion transactions worth 5,822.06 trillion rials ($23.3 billion) were processed by Iran’s payment settlement network, Shaparak, in the last month of the fiscal year that ended on March 20.
Compared to the earlier month, the transactions were 9.94% higher in volume and up 14.35% in value, Shaparak reported on its website. 
The upsurge was bigger on an annualized basis. The number of transaction rose 41.64% compared to the same period last year when transactions via the payment network took a drubbing amid lockdowns and mass businesses closures due to the pandemic.  

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