Economy, Business And Markets

IRICA, BMI to Launch Online Payment System

IRICA, BMI to Launch Online Payment SystemIRICA, BMI to Launch Online Payment System

To improve the speed and precision of customs’ banking affairs, Bank Melli Iran and the Islamic Republic of Iran Customs Administration are to launch an online payment system.

According to IRICA’s report, their clients can simply enter their payment ID in BMI’s website, engage in payment process via Bank Melli’s payment gateway and the settlement will be completed in customs database within a few minutes.

One of the advantages of this project is that the customers can see the details of their payments like how much they are paying to where and for what purpose, in addition to not having to go to banks in person and pay different amounts of money to various account numbers, which could be a confusing and time-consuming process.  

The joint project between the technology department of IRICA and BMI, along with its subsidiary companies, was started almost a year ago and so far about 100 test payments have been successfully done via this system.

Therefore, in cooperation with BMI and IRICA, the website will be made operational in the foreseeable future.


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