An estimated 3.71 billion retail transactions were processed by the domestic electronic payment network Shaparak in the fifth month of the calendar year to August 22.
These were worth 6,762 trillion rials ($22.46 billion) – down 1.46% in volume and 1.38% in value on the month before, the company in charge of supervising and maintaining the network said on its website.
Transactional value jumped 25.9% on the same month last year when 3.16 billion transactions worth 5,368 trillion rials ($17.83 billion) were processed. In volume terms it was up 17.52% y/y.
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