Decline in Debit Card Use

The company in charge of supervising Iran's domestic payment network, Shaparak, said more than 118.8 million bank cards were used at least once in the calendar to August 22.
The number was down 4.19% compared to the month before, when it was 124 million, the company said in a report seen on its website. Debit cards topped the list accounting for 95% (113.63 million) of total active bank cards.
Debit cards topped the list accounting for 95% (113.63 million) of total active bank cards. Total debit card use dropped 4% in the period.
More than 22% of the debit cards were from Bank Melli, followed by Bank Mellat and Bank Saderat each with about 11% share.