E-Transactions

EghtesadOnline: Iranian banks’ revenues from electronic payment fees do not exceed 30 trillion rials ($681 million) each year and account for only 17% of their total earnings, the Central Bank of Iran’s deputy for innovative technologies announced.

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.