Acquirer Banks Pay Less E-Payment Fees

EghtesadOnline: The supervisor of the domestic payment network, Shaparak, says acquiring banks paid 87 rials per every 100,000 rials of transactions the eighth month of the calendar year to Nov 22.

News ID: ۷۵۲۰۷۱

11 December 2022

This was seven rials lower than in the month before, when banks paid 95 rials for every 100,000 rials worth of transactions but five rials higher than the same month last year.

A review of the average value of transactions acquired by banks shows banks with higher number of small transactions obviously have higher costs.