Slight Monthly Decline in E-Transactions

An estimated 3.71 billion retail transactions were processed by the domestic electronic payment network Shaparak in the seventh month of the Iranian calendar year to Oct 22.
These were worth 7,051.5 trillion rials ($19.31 billion) – down 4.24% in volume and 2.14% in value on the month before, the main company in charge of supervising and maintaining the network said on its website.
Transactional value jumped 18.14% on the same month last year when 3.27 billion transactions worth 5,968 trillion rials ($16.3b) were processed. In volume terms it was up 13.43% y/y.