Central Bank of Iran Announces 4 New Developments in E-Banking

The Eight Conference on Electronic Banking and Payment Systems opened at Tehran’s iconic Milad Tower on Tuesday. 
The two-day event, organized by the Monetary and Banking Research Institute, was attended by high-level banking and technology officials and intends to connect, industry leaders, business owners, and technology innovators and investors. 
Abdolnaser Hemmati, governor of the Central Bank of Iran, who was in Syria communicated to the conferees via a video message and talked of four latest achievements in electronic banking and payments. 
He pointed to the “direct debit” mechanism as infrastructure for startups and an efficient device for collecting earnings from their businesses.