The shadow of inflation fell on the electronic payment network

According to Shaparak’s report, the payment network faced a 1.5% decrease in the real value of transactions in November due to inflation compared to November

Also, this report informs about the 10% impact of inflation on the value of transactions compared to December last year. This decrease in the real value of transactions in the two mentioned periods has been accompanied by an increase in the nominal value of transactions, but it has not been able to help reduce the impact of inflation on the value of transactions.

According to Iran digital economy annotation, the number of transactions has increased by 3 million compared to November this year, and the amount of transactions has increased by 14 thousand billion tomans in this month. The number of transactions increased in December, while the number of transactions decreased by 29 million and 61 million in November and October, respectively. Based on this, the number and amount of transactions have grown by 0.06% and 1.34% compared to last month.

Also, the number and amount of Shaparak transactions have increased by 8.98% and 25% respectively compared to the same period last year. The increase in the number and amount of transactions has occurred while the real value of the transaction has decreased by 1.51% compared to last month and the nominal value of the transactions was only 1.34%. Also, Shaparak’s statistics indicate a decrease of more than 10% in the real value of transactions compared to the same period last year.

In this month, the growth of acceptance tools has faced an overall decrease of 0.47%, the main reason of which is the decrease of 0.79% in the growth of store card readers in the payment network. With the decrease in the share of store card readers, the two tools of internet acceptance and mobile acceptance have grown by 2.66% and 2.78%, respectively.

However, the store card reader still has a market share of more than 91%, and the two tools of internet acceptance and mobile acceptance have nearly 6% and 2.37% of the total payment market, respectively. Also, in this month, the average transaction of each Shaparak acceptance tool was 367 transactions, which has grown by 1.97 units compared to last month. According to this report, the number of system active acceptance tools has reached more than 11 million and 253 thousand in December.

In the amount share index of PSP companies, Mellat Payment and Saman Electronic Payment (SEP) have the largest market shares with a one percent difference, respectively. To Pay with 20.64% and Sep with 19.06% are ranked first and second among electronic payment companies. According to Shaparak’s report, there has been no change in the share of PSP companies compared to last month.

In the index of the share of PSP companies in the payment transactions market, with 18.54 percent of the amounts of the store card reader market, it has the largest share. This company has the highest share in internet and mobile acceptance tools with 29.49% and 44.86% respectively.

But in this report, the biggest difference in the share of amount belongs to Saman’s electronic payment. In this month, this company has gained 0.49% market share in the transaction amount of store card readers, and it has reached 17.85% in November from 17.36 in December.

Also, Pasargad electronic payment has experienced the largest decrease in the share of the online acceptance tool with a decrease of 0.99%. Parsian’s electronic commerce also has the largest share difference in the transaction amount of the mobile acceptance tool with a 0.76 percent decrease. Shaparak’s report indicates the weak performance of two electronic card companies, Damavand and Arvand Omid, with the lowest amount and number of transactions in the three acceptance tools.