3.3b e-Transactions in 1 Month

The nationwide electronic payment network, known as Shaparak, handled 3.3 billion transactions worth 5,527.27 trillion ($22.1 billion) during the third month of the current fiscal ending June 21.
Data published on the Shaparak website indicate the transactions jumped 9.53% in volume and 15.12% in value compared to the month before.
In comparison to the corresponding month last year, the value of transactions was up 42.22%. The transactions grew 21.13% y/y. The annual increase in transactional value was partly due to galloping inflation. Taking inflation into account the transactions declined y/y.