Iran Payment Market Statistics

  • Three PSPs Handled 57% of Transactions
    Performance reports of payment service providers show three major companies handled nearly 57% of the total e-transactions in the fiscal year to March 2021. Shaparak, a company affiliated with the...
  • 3.3b e-Transactions in 1 Month
    The nationwide electronic payment network, known as Shaparak, handled 3.3 billion transactions worth 5,527.27 trillion ($22.1 billion) during the third month of the current fiscal ending June 21....
  • E-Payments Grow
    The nationwide e-payment settlement network, Shaparak, processed more than 33.16 billion payments worth 54,571 trillion rials ($228.8 billion) in the last fiscal year that ended in March. The...
  • 4 Banks Lead in E-Payment
    Data on the performance of Shaparak Network, Iran's domestic payment network, shows Bank Mellat, Bank Melli Iran, Bank Saderat Iran and Bank Sepah together accounted for nearly half the e-payment...
  • E-Trade Growing
    Shaparak, the Central Bank of Iran-affiliated supervisory body in charge of the payment settlement network, released its report for the second month of the current fiscal to May 20 showing a...
  • Monthly Decline in Iran's E-Transactions While Annual Growth Rate Soars
    Monthly Decline in Iran's E-Transactions While Annual Growth Rate Soars
    Transactions processed by the payment settlement network, Shaparak, declined 12.7% in number and 29.47% in value on a monthly basis in the last calendar month to April 20.
  • 3.2b Electronic Payments in 1 Month
    More than 3.23 billion transactions worth 5,822.06 trillion rials ($23.3 billion) were processed by Iran’s payment settlement network, Shaparak, in the last month of the fiscal year that ended on...
  • E-Commerce Back to Normal
    A review of electronic transactions processed during the last calendar month (Jan. 20 - Feb.18) showed that businesses have almost returned to the pre-COVID era in both the volume and value of...
  • Monthly Rise in Electronic Transactions
    Shaparak, Iran’s payment settlement network, processed 2.79 billion transactions worth 4,562.46 trillion rials ($19.01 billion) in the month ending Jan. 19. Compared to the month before, the...
  • Paying With Plastic Becoming a Norm in Iran
    The nationwide payment settlement network in Iran, Shaparak, processed more than 2.691 billion payments worth 4,190.8 trillion rials ($16.37 billion based on open market forex rates) in the last...
  • Monthly E-Payments Decline
    The nationwide payment settlement network, Shaparak, processed approximately 2.76 billion payments worth 4,379.55 trillion rials ($16.8 billion) in the calendar month to Nov. 20. Transactions were...
  • Electronic Payments Dwindle
    More than 2.8 billion transactions worth 4,839.19 trillion rials ($17.92 billion) were processed by the national payment settlement network, Shaparak, during the last calendar month (Sept.22-Oct....
  • Online Payments Jump
    Data released by the Central Bank of Iran show during the first half of the Iranian fiscal year (March-Sept. 2020), payments made through online gateways were 23.8% higher in volume and up 255% in...
  • 2.7 Billion ATM Transactions
    More than 2.7 billion transactions were processed by automated teller machines in the first six months of the current fiscal year (March 20- Sept. 21), indicating a slight decline compared to 2.66...
  • Small Increase in E-Transactions
    Shaparak, the main payment settlement network in Iran, processed 2.92 billion transactions worth 4,875.12 trillion rials ($16.25 billion) in the last calendar month to Sept. 21. Compared to the...
  • Major PSPs Lose Market Share
    Data released by the payment network authority, Shaparak, indicate decline in the market share of leading payment companies in the fifth Iranian month (July 22- August 21).   
  • Credit Card Share Lingers
    More than 206,000 credit cards were used in the fifth month of the Iranian fiscal year that started in March -- a growth of 8.3% compared with the month before.  Despite the increase in the number...
  • Electronic Payment Value Drops 8%
    An estimated 2.89 billion transactions worth 4,769.01 trillion ($20.7 billion) were processed via Shaparak (the nationwide electronic payment network) in the fifth month of current fiscal year (...
  • Iranian PSPs Process 3,886t Rials 1 Month
    The latest monthly performance report of Iran's e-payment network, published by Shaparak Company, shows Beh Pardakht Mellat Company still tops the list of payment service providers in terms of both...
  • Digital Payment Dominates
    More than 2.73 billion transactions worth 3,886.38 trillion rials ($18.5 billion) were processed by the national retail payment network ‘Shaparak’ during the calendar month to June 20. Shaparak...
  • Electronic Payments Back to Business
    Transactions processed by Iran’s electronic payment network (Shaparak) shot up in the last calendar month to May 20 as businesses gradually opened after lockdowns over the coronavirus pandemic...
  • Steep Decline in e-Payment
    Shaparak, the nationwide payment network, processed 1.92 billion transactions worth 1,978 trillion rials ($ 12.3 billion) during the Iranian month to April 20 – down 15.7% in volume and 39.71% less...
  • Volume Down and Value Up in Electronic Payments
    Transactions processed by Iran’s electronic payment settlement network, known as Shaparak, declined 1.37% in volume during the last calendar month to March 19.  The network said it processed 2.28...
  • OTP Diminishes Appeal of Mobile Payment
    Mobile transactions declined significantly over the past calendar month (ended Feb. 19) largely due to hassles of using one-time-passwords. A total of 96.42 million transactions were handled by...
  • Shaparak Payments Down 2.2%
    Iran’s payment settlement network, Shaparak, processed 2.2 billion transactions during the month to January 20, down 2.24% in volume compared to the earlier month. The transactions rose by 0.82%...

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