Business And Markets

E-Payments Keep Growing

E-Payments Keep Growing
E-Payments Keep Growing

An estimated 3.76 billion retail transactions were processed by the domestic electronic payment network Shaparak in the ninth month of the calendar year to December 22.
Overall business via the major company was worth 8,334 trillion rials ($20.32 billion) – up 0.94% in volume and 8.12% in value on the month before, it said on its website.
In volume terms, transactions jumped 15.37% on the same month last year when 3.26 billion transactions worth 6,679 trillion rials ($16.2 billion) were processed. The value was up 24.78% y/y. 
Shaparak presents figures in real terms after adjusting for inflation. When adjusted for inflation, the real value of transactions was up 6.08% on the month. 


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