payment
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Number of Iran’s POS terminal reached up to 8 million
According to a report released by Shaprak, the number of active POS (Payment terminal) in Iran by the end of January reached more than 8.16 million.
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CBI Receives First Tranche of Dues from Iraq
During Iranian President's visit to Iraq the first part of dues were deposited in the Central Bank of Iran's account.
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Role of Context-Aware Payments in Digital Economy
A context-aware system is able to adapt its operations to a given context, without any explicit user intervention and thus aims to increase usability and effectiveness by taking environmental context into account.
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EU Prepared to Establish INSTEX with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
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EU to Establish Payment Channel with Iran by Monday
The European Commission said it’s seeking to launch “very soon” a special purpose vehicle to help European companies bypass U.S. sanctions on Iran, with three European diplomats saying the official unveiling could come as early as Monday.
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India to Develop Payment Mechanism within 2 Weeks
Indian ambassador to the Islamic Republic of Iran says Indian payment mechanism will be developed within the next two weeks.
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50 German Banks Processing Payments from Iranian Banks
Director of Bank Melli Iran branch in Hamburg said some 50 German Banks accept payments from Iranian banks
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EU Reiterates Development of Payment Channels with Iran
"The European Union will set up a legal entity to facilitate legitimate financial transactions with Iran to allow for continued trade", EU High Representative for Foreign Affairs and Security Federica Mogherini said.
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Iran to Join International Payment Networks
Informatics Services Corporation inked an agreement with Russian BPC Company on behalf of Iran's Central Bank to join international payment networks.
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Two New Contactless Payment Systems Set to Go Operational
The head of a key Iranian electronic payment firm says two comprehensive NFC applications have been designed and will soon start operating in the country’s transaction system.