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Guilds Support Central Bank Reforms on e-Payment Fees

Guilds Support Central Bank Reforms on e-Payment Fees
Guilds Support Central Bank Reforms on e-Payment Fees

Iran Chamber of Guilds has voiced support for moves by the Central Bank of Iran in introducing a new model for e-payment transaction fees obliging retailers to pay fees for every transaction they make by POS terminals. 
"Retailers and businesses are aware of the benefits of using card readers. Therefore, since transaction fees can and will help strengthen banking services and expand the payment network, they will certainly support and endorse it," Ghasem Nodeh Farhani, head of the Iran Chamber of Guilds, told ISNA.
Nodeh Farhani admitted that the financial status of businesses today is simply not comparable to the past. "In the past businesses faced much difficulties in transferring money. Now with card readers people have no need for cash. This indeed has had a positive impact in terms of time-saving."

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