Uptrend in Shaparak Transactions Continues

Shaparak, the Central Bank of Iran-affiliated supervisory entity in charge of the country’s payment settlement network, has released its latest report for the 11th month of the current fiscal to Feb. 19, which shows another bout of growth in transactions.
According to the report published on Shaparak’s website, more than 1.54 billion transactions worth more than 1.61 quadrillion rials ($33.62 billion) were processed in the month. Transactions have respectively grown by 6.75% and 4.79% in terms of numbers and value compared to the previous month’s figures when more than 1.44 billion transactions worth more than 1.54 quadrillion rials (32.15 billion) were processed.
On a year-on-year basis, the number and value of transactions grew by 36.42% and 24.3%, as more than 1.13 billion transactions worth more than 1.29 quadrillion rials ($26.94 billion) were processed during the period.