Transaction

EghtesadOnline: The first transaction conducted under the European trade mechanism to bypass American sanctions is so small that its effect on Iranian economy is insignificant, a lawmaker said.

ٍEghtesadOnline: A review of the average fees acquiring banks must pay for transactions shows that small payment transactions add to their costs.

EghtesadOnline: Ambassadors from France, Germany and the UK to Iran released a joint statement on Friday underscoring the commitments of their governments to launch the first transaction soon with Iran using the much-touted EU financial mechanism.