Iran Digital Payments Exceed $16b in 1 Month

Close to 1.84 billion transactions worth more than 2.44 quadrillion rials ($16.94 billion) were registered by Shaparak, Iran’s payment settlement network, in the calendar month that ended on September 22.

The latest report disclosed by the Central Bank of Iran-affiliated entity on its website shows that the volume and value of transactions registered a decrease of 0.86% and an increase of 3.51% respectively compared with the previous month.

Compared with the same month of last year, the number of transactions showed an increase of 25% while the value was 59.12% higher.