Electronic Payment Network Notches $20.9b Transactions

An estimated 3.547 billion retail transactions were processed by the domestic e-payment network, known as Shaparak, in the second month of the calendar year to May 20.
The transactions were worth 6,677 trillion rials ($20.93 billion) – up 10.9% in volume 22.77% in value on the month before, the company website reported.
Collective value of transactions jumped 39.07% on the same month of last year when 3.02 billion transactions worth 4,801 trillion rials ($15.05b) were processed. In volume terms it showed 17.44% growth y/y. 
Shaparak presents figures in real value terms to adjust for inflation. However, when adjusted for inflation, the real value of transactions increased 18.6% on a monthly basis.