According to Shaparak’s performance statistics, in September 2024, more than 4 billion 487 million transactions with a value of $25 million were processed in the card payment electronic network, which has decreased by 0.23% in number and 4.72% in Rial value compared to August.
According to Iran digital economy annotation, the transactions of September 2024 compared to the same month of 2023 have grown by 7.00% in terms of number and 39.50% in terms of Rial.
The largest increase and decrease in the transaction amount compared to the previous month occurred in the months of March 2023 and April 2024, respectively. The largest increase and decrease in the number of transactions compared to the previous month occurred in the months of May and April 2024, respectively.
According to this report, the nominal value of transactions in September 2024 has grown by 4.72% compared to last month, while the real value of transactions has experienced a growth of 2.94%. The real value of transactions is actually the value of Shaparak’s transactions without considering the effect of inflation.
According to Shaparak report, the number of Shaparak’s tools has experienced a growth of 0.37% compared to the month of August, which seems to be the reason for this change, the increase of 0.16% in the number of store card reader tools. Internet admission tools have experienced a growth of 2.07% in September 2024 compared to August 2024.
The share of transactions of each acceptance tool is another indicator; As it is known, the store card reader with a share of 91.64% has the highest number of transactions among other acceptance tools, and the internet acceptance tool and mobile acceptance tool are in the next positions respectively.
The largest market share of Shaparak’s transactions is owned by store card reader tools; This is despite the fact that factors such as the limitation of making transactions on the mobile acceptance tool, the high number of store card reader tools, the ubiquity of this tool, the lack of the need for other complementary equipment such as a computer or mobile phone, and other such factors can be included Factors affecting the number of transactions of store card reader acceptance tools.
Compared to last month, the share of a number of goods and services purchasing services from the total transactions has increased, and the services of bill payment, charge purchase and balance collection have also decreased. Compared to last month, the share of a number of goods and services purchase transactions has increased by 0.271%, bill payment and charge purchase has decreased by 0.163%, and the share of a number of balance withdrawal transactions has decreased by 0.108%. The amount share of goods and services purchase transactions has also increased by 0.099% in September.
In September 2024, the largest increase in the number of active store card readers with an increase of 3,600 belongs to Isfahan province; Also, in Mazandaran province, the number of store card readers has decreased compared to last month.
Share of successful transactions out of total transactions
Currently, in the electronic card payment network, errors are classified into five groups, issuing error, acceptance error, Shaparak’s error, user error, and business error. This survey tells about the share of 11.93% of successful transactions and 6. 89 % of the errors occurred in September 2024.
According to Shaparak’s report, Top was able to achieve the highest growth in the amount share and the number of mobile transactions, as well as transactions related to bill payment and recharge purchases. Parsian Electronic Commerce Company increased its share of the number of mobile transactions with a growth of 0.69% compared to the previous month and achieved a market share of 20.55%.
Also, Sepehr Electronic Payment Company, with a growth of 3.87% compared to last month, managed to get the highest rank in the market share of the number of transactional internet acceptance tools among other payment service providers.
In the share index of the number and amount of transactions, Saman electronic payment company has occupied the first place with a share of 20.55 and 21.31 percent, respectively. In this month, the difference in the number and amount of shares of the company to Mellat Beh payment (the second company in the market) and this company is about 1.56 and 1.51%, respectively. In the number share component, there has been a transfer between two payment companies, Novin Arian and Sadad electronic payment. In the monetary share component, there has been no transfer between companies.
At the same time, the lowest number of card readers with few transactions and no transactions among all active card readers belongs to Mellat Beh payment system, which is only 9.78 percent and has decreased (improved) by 2.56 percent compared to May. In other words, 90.22% of the card readers of Mellat Beh payment Company are efficient. The number of low-transaction and no-transaction card readers has not reached below 10% in any other electronic payment company.
No Comment! Be the first one.