Business And Markets

4 Banks Lead in E-Payment

4 Banks Lead in E-Payment
4 Banks Lead in E-Payment

Data on the performance of Shaparak Network, Iran's domestic payment network, shows Bank Mellat, Bank Melli Iran, Bank Saderat Iran and Bank Sepah together accounted for nearly half the e-payment in the calendar month to May 21.
More than 3.02 billion transactions worth 4,801.3 trillion rials ($20 billion) were processed in the month. Mellat topped the list with 19.5% of the transactions and their total value, Shaparak website said.
BMI was second at 14.4% in volume terms and 12.37% in value. BSI came next with 7.4% and 10.7% in volume and value, respectively. Parsian Bank topped the list of private lenders in terms of the number of transactions reaching 6.3%.


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