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Payment Companies

  • EghtesadOnline: Contrary to authorized payment companies, banks have welcomed Iran’s Fintech Association's proposed fee system for online payment in which aggregators and service providers cover the network fees, which currently are paid by banks.

  • EghtesadOnline: Data released by Shaparak payment and settlement network show that during the last Iranian month to May 21, it processed 2.14 billion retail transactions worth 2,759 trillion rials ($20.2 billion).