tag Payment

Payment Co. Loses Pole Position

EghtesadOnline: For the first time since the birth of Shaparak Network, Iran's domestic payment network, Beh Pardakht Mellat e-payment company lost its pole position as company with the highest number of monthly transactions.
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Publish Date:10/April/2021 | 24:50

Payment Gateways Under Scrutiny

EghtesadOnline: Iran's e-payment network regulator, Shaparak, suspended operations of 400,000 online payment gateways and point-of-sale (POS) terminals in the past few weeks.
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Publish Date:28/February/2021 | 19:56

CBI to Ease Contactless Payment

EghtesadOnline: The Central Bank of Iran will soon unveil its contactless payment scheme, allowing cardholders to make payment transactions solely using their smartphones, the bank's governor says.
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Publish Date:07/February/2021 | 17:00

Small Increase in E-Transactions

EghtesadOnline: 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.
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Publish Date:12/October/2020 | 20:06

Iranian Fintechs Propose a Way Out of Payment Fee Quandary

EghtesadOnline: Iran’s Fintech Association has proposed a new fee system for online payment in which payment aggregators and payment service providers cover the network fees, which are currently paid by banks.
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Publish Date:24/August/2020 | 11:52

Payment Network Reports 33% Increase in Transactions

EghtesadOnline: The nationwide payment settlement network, Shaparak, processed more than 2.87 billion payments worth 5,199.28 trillion rials ($23.3 billion) in the calendar month to July 21.
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Publish Date:09/August/2020 | 10:35

SHTA Is Much Ado About Nothing

EghtsadOnline: The Swiss government's payment channel for humanitarian goods to Iran, known as Swiss Humanitarian Trade Arrangement (SHTA), is plagued by delays, raising concerns about the viability of the move.
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Publish Date:23/July/2020 | 09:09

Payment Deal With Iraq in Final Phase

EghtesadOnline: Head of the International Department of the Central Bank of Iran said constructive talks were held with Iraqi officials during his tour to the Arab country, which could result in unfreezing millions of dollars of Iranian money.
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Publish Date:22/July/2020 | 08:38

Digital Payment Dominates

EghtesadOnline: 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.
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Publish Date:07/July/2020 | 10:27

Iraq Activating Iran Payment Mechanism

EghtesadOnline: Iran and Iraq will invoke past agreements to expedite settlement of Iraqi arrears using a trading mechanism designed to supply basic goods to Iran.
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Publish Date:20/June/2020 | 07:59