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payments

  • EghtesadOnline: An estimated 2.35 billion transactions worth 2,617 trillion rials ($23.05 billion) were processed by Iran's domestic payment network, Shaparak, during the fiscal month to August 22.

  • EghtesadOnline: Weeks after India stopped oil imports from Iran, the Modi government is keen to resume supply from the country and is looking at ways to make payments in Indian rupee to get around US sanctions, two government sources told ThePrint, India's digital platform for latest news and reports.

  • EghtesadOnline: Energy Minister Reza Ardakanian says the electricity export bill to Iraq over the past 15 years amounts to $6 billion.

  • EghtesadOnline: A new European Union mechanism to facilitate payments for Iranian exports should be legally in place by Nov. 4, when the next phase of US sanctions hit, but will not be operational until early next year, three diplomats said.