Iran's nationwide payment settlement network, known as Shaparak, said it processed almost 3.09 billion transactions worth 6,267.4 trillion rials ($22.09 billion) in the calendar month to Jan. 21.
The transactions declined 6.16% in value and 5.23% in volume compared to the 3.26 billion transactions worth 6,679 trillion rials a month earlier.
However, it was up 37.3% and 10.62% in volume and value y/y, respectively, though the higher value could be partly attributed to the galloping inflation – surging near 40% according to official data.
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