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Payment

  • 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.

  • EghtesadOnline: The Central Bank of Iran on Monday launched a previously announced contactless payment mechanism based on EMV standard.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.