No MasterCard for Now
No MasterCard for Now

No MasterCard in Iran for Now

No MasterCard in Iran for Now

MasterCard does not have any direct links with Iran due to the primary sanctions still in place, said the Central Bank of Iran’s head of Communications and Information Technology Department.

“Although the US-based company provides no services in Iran, negotiations are underway with non-US international companies to offer international credit cards to Iranians, which will come to fruition next year,” Nasser Hakimi was also quoted as saying by ISNA.

Following reports about issuance of MasterCard in Iran, the company’s spokesman, Seth Eisen, said in August that “MasterCard does not have any activities in Iran, as sanctions remain in effect for US-based companies”.

The removal of sanctions started a new phase of international cooperation in various communication fields and consequently, Iranian banks are seeking a way to offer international credit cards to Iranian citizens.

Short URL : https://goo.gl/KFvgWM
  1. https://goo.gl/QWlgSG
  • https://goo.gl/ScYcFY
  • https://goo.gl/Z9nnXd
  • https://goo.gl/63uTyo
  • https://goo.gl/hwvpPH

You can also read ...

Turkey to Defy US Sanctions, Maintain Trade Ties With Iran
Turkey intends to defy US President Donald Trump and continue...
CBI Delivering 2.5m Presold Gold Coins
The Central Bank of Iran has started the delivery of 2.5...
An Iraqi peddler displays Iranian currency for sale in the capital Baghdad on Aug. 9.
Iraqi Prime Minister Haider al-Abadi has raised the level of...
Private Housing Investments Rise
The uptrend in private sector investments in the housing...
Iran Chamber of Commerce Urges FATF Compliance
Iran Chamber of Commerce, Industries, Mines and Agriculture,...
Google Rolls Back Android Messages to Old Design
On Thursday, it looked as though Google was starting to roll...
New Foreign Exchange Policy:  Exporters’ Savior or Bane?
The new forex policy, announced last week by the Central Bank...
Hoarded Goods Worth $40m Confiscated in Tehran
Essential goods worth 3.2 trillion rials (around $40 million)...

Add new comment

Read our comment policy before posting your viewpoints