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Shetab, Shetab (Iranian National Payment System)

Product
Developers: Central Bank of Iran
Date of the premiere of the system: 2002
Branches: Financial Services, Investments and Auditing

Content

Main article: Electronic payment systems - Money transfers (global market)

Shetab ("Shetab") is a national electronic bank payment system in Iran.

2022: Plan of integration with the Russian system "Mir"

Confronting Western sanctions has always been a common problem between Iran and Russia, and the issue of mitigating their consequences has been on the agenda of the leaders of the two countries in recent years. This became known on September 12, 2022. The Russian payment system Mir will soon be integrated with the Iranian Shetab. More details here.

2005: Joining Bahrain Benefit ATM Network and UAE UAES System

In 2005 the Iranian , the government reached an agreement with the Benefit network ATMs Bahrain UAE and the UAES system to join them. In October of that year Iran linked his with payment system. China Later, Shetab began to function in and. Kuwait Qatar

2002: Building the System

The national payment system Iran Shetab (an abbreviation for the official name "Interbank Transmission System") information was created in 2002. Before its appearance, plastic maps was produced by several Iranian ones, banks but they were compatible only with their own. With the ATMs release of Shetab in Iran, a single standard was established for bank cards, which all banks are obliged to adhere to. As countries[1]

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