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Fall in Card Payment Transactions

Fall in Card Payment Transactions Fall in Card Payment Transactions

Shaparak, the nationwide payment network, processed an estimated 1.82 billion transactions worth 1.83 trillion rials ($11.7 billion) during the month to April 20 – down 17.66% in the number of transactions and 37.58% less in value compared to a month earlier. 
According to a report released by Shaparak website, the value of Shaparak transactions, however, registered 55.71% growth year-on-year. The report also indicates a 26.05% growth in terms of number of transactions compared to last year.
Factoring out the inflation factor in the nominal statistics, the reports present the data in real value terms to help provide timely and authentic information to decision-makers.

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