Reform Awaits Bank Commission System

The Central Bank of Iran has developed long-awaited guidelines for reforming bank commission systems, according to sources familiar with the matter. The guidelines are to be announced soon.
Reportedly, the new rules will require merchants to pay a small commission fee.
So far banks receiving and making payments bear the bulk of payment fees because when a payment is made with a bank card, the bank receiving the payment has to pay a fee to the bank whose card has been used. This is on top of the amount banks pay as rent and support fees for each POS device to payment service providers.