E-Trade Growing

Shaparak, the Central Bank of Iran-affiliated supervisory body in charge of the payment settlement network, released its report for the second month of the current fiscal to May 20 showing a pattern of growth in e-transactions.
More than 3.02 billion transactions worth 4,801.3 trillion rials ($20 billion) were processed in the month, the company’s website reported. Transactions rose 7.2% and 16.9% in volume and value compared to the previous month when almost 2.8 billion transactions worth 4,106.1 trillion rials ($17.01 billion) were processed.
On a year-on-year basis, the volume and value of transactions grew by 15.92% and 20.71%, respectively.