Growing Competition in Retail E-Payment Sector

Competition remains intense in the retail electronic payment industry, with Saman Electronic Payment company topping the list of service providers in terms of the total number of transactions in the fiscal month to April 20, Shaparak company, Iran’s electronic card network, reported.
SEP, affiliated to Saman Bank, processed 21.25% of the transactions during closely followed by Beh Pardakht Mellat Company affiliated to Bank Mellat with 20.17%. 
Parsian Electronic Commerce Company, owned by Parsian Bank, was next at 17.63% followed by Asan Pardakht Persian with 9% and Pasargad Electronic Payment 8.42%.