payment network

EghtesadOnline: 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).

EghtesadOnline: An estimated 2.35 billion transactions worth 2,617 trillion rials ($23.05 billion) were processed by Iran's domestic payment network, Shaparak, during the fiscal month to August 22.

EghtesadOnline: A new generation of mobile payment network will be unveiled soon, said an official with the local payment settlement network regulator, Shaparak.

EghtesadOnline: Shaparak, the nationwide payment network, processed an estimated 1.82 billion transactions worth 1.83 trillion rials ($11.7 billion) during the month to April 20 – down 17.66% in the number of transactions and 37.58% less in value compared to a month earlier.

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.