Business And Markets

Decline in E-Payments 

Decline in E-Payments 
Decline in E-Payments 

An estimated 3.77 billion retail transactions were processed by the domestic electronic payment network, known as Shaparak, in the fourth month of the calendar year to July 20.
These were worth 6,857 trillion rials ($21.49 billion) – up 1.8% in volume and down 5.43% in value on the month before, the company in charge of supervising and maintaining the network said on its website.
Transactional value jumped 22.33% on the same month last year when 3.37 billion transactions worth 5,605 trillion rials ($17.5 billion) were processed. In volume terms it was 11.68% higher y/y. 


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