EghtesadOnline: The latest monthly report by Iran's e-payment network, Shaparak Company , shows Saman Electronic Payment company (SEP) tops the list of payment service providers in terms of the volume of transactions in the month to March 20.

EghtesadOnline: In light of the significant surge in the number of electronic transactions, the ratio of cash and coins to liquidity in Iran has declined by 3.5% in the past four years, announced the CEO of Shaparak Company –the entity in charge of Iran’s payment network.

EghtesadOnline: Shaparak Company , regulator of Iran’s domestic payment network, said payment service providers need not issue POS terminal receipts for transactions worth 2 million rials or less, to help save trees (protect the environment) and cut costs.

EghtesadOnline: Shaparak Company , the Central Bank of Iran’s arm for operating the country’s payment network, on Saturday signed an agreement with six major fintech firms– the first such firms to work within CBI’s new legal framework.

EghtesadOnline: Shaparak Company , Iran’s national payment network operator, has reportedly notified all payment service providers in a letter that regulations concerning fees will be overhauled.