Shaparak Company
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POS Terminal Users Told to Gradually Go Paperless
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,…
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PSP Market Overview
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…
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Historic Day for Iranian Fintechs: Six Firms Authorized
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…
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Cash Use Declines as Electronic Transactions Surge
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…
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Payment Services’ Fees Up for Overhaul
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.