Business And Markets

E-Payment Transactions Rise

E-Payment Transactions Rise
E-Payment Transactions Rise

Data published by Iran’s payment settlement network, Shaparak, show online payment gateways and point-of-sale terminals processed more than 3.22 billion transactions in the calendar month to Feb. 19.
Total transactions reached 6,361.19 trillion rials ($24 billion), showing 4.16% rise in volume and up 1.5% in value on a monthly basis.
The volume and value of transactions jumped 9.72% and 24.94%, respectively, on the corresponding month last year when 2.93 billion transactions worth 5,091.31 trillion rials ($19.6 billion) were registered.


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