ٍEghtesadOnline: A review of the average fees acquiring banks must pay for transactions shows that small payment transactions add to their costs.
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, to help save trees (protect the environment) and cut costs.
EghtesadOnline: The governor of the Central Bank of Iran said Switzerland's payment mechanism unveiled this week for delivering humanitarian supplies to Iran is not enough, as it does not cover bank transactions.
EghtesadOnline: In line with provisions of anti-money laundering guidelines, the Central Bank of Iran has further tightened rules for daily bank transactions.
EghtesadOnline: Iran's in-the-works national cryptocurrency, which is expected to be unveiled soon, will in its first operational phase solely focus on clearing limited bank transactions, a top advisor to the minister of information and communications technology.
EghtesadOnline: About 63 trillion rials ($1.49 billion) worth of unpaid tax were identified in the last Iranian year (ended March 20, 2018) as a result of a new scheme to monitor dubious bank transactions, the head of Iran National Tax Administration said.