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Iran Payment Industry

  • EghtesadOnline: Iran’s payment industry is beset by unhealthy competition between payment service providers and the fallout of a volatile foreign currency market, the managing director of Fanava Card Company said.

  • EghtesadOnline: After the unification of the US dollar’s exchange rate, the payment industry has yet to receive hard currency at the rate of 42,000 rials for importing equipment and hardware.

  • EghtesadOnline: Nilson Report, a credible source of news and analysis of the global card and mobile payment industries, has published its latest list of top 150 payment services providers in the world, which includes seven Iranian acquirers among the top 100–all of which have improved their rankings since the previous year.

  • EghtesadOnline: The Central Bank of Iran has devised 54 projects and platforms as part of its 2021 Roadmap that outlines an innovative, flexible and strong future for the banking system, announced the bank’s deputy for innovative technologies.