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Payment Systems
 Regarding the definition of Payment System as the mechanism to transfer fund from an account in bank A to another account in bank B, it can be exampled as the money vessels whose function is to conduct the smooth financial transactions among businesses. In such position, Payment Systems have gained a considerable Central Banking attention around the globe to ensure safe and sound monetary transactions. More...
Highlights
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Payment Systems in the I.R.Iran
The introduction of modern payment instruments can be traced back to early 1990s where commercial bank of Sepah launched its Aber Bank Debit Card and ATM services.
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Regulatory framework & Standards
Considering the international experiences and best practices, as well as relative stability in the banking technologies, the necessity of standardization in the national payment system and its instruments is pronounced by all banking specialists in the country.
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Research and Studies
The Payment Systems Department has also established a research body whose function is to provide the latest developments and hot issues of Payment and Settlement Systems
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Data and Statistics
This section is the central bank's information gateway to Payment and Settlement Systems in the I.R.Iran including quantitative data, various charts, comparative tables, reviews and trend studies
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