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 ...

The ombudsman says if vehicles fail to comply with the local automotive standards by 2019, their production permits will not be renewed.
Head of Iran National Standards Organization has reiterated...
Real Rial Rate Main Booster of Exports
Iranian exports are currently suffering as a result of an "...
A ceremony was held to mark National Export Day in Tehran on Oct. 21.
Iran’s National Export Day was marked in a ceremony held in...
Chicken Exports Earn Over $9m
Close to 16,000 tons of chicken meat worth more than 312.96...
BMW Offices Raided in Cartel Investigation
BMW’s headquarters were raided by European Union officials...
TEDPIX Starts Trading Week With Strong Gains
Tehran Stock Exchange’s main index scored 662.60 points or 0....
Gold Coin Drops
The prices of benchmark gold coins in Tehran's market...
Banks Obliged to Set Up Compliance Department
The Central Bank of Iran in its latest directive publicized on...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.