San Francisco-based payments company PaymentWall has "postponed indefinitely" the integration of its platform with Iranian system Shetab which went live in April 2016. Honor Gunday, head of business development at the Office of Foreign Asset Controls of the Treasury Department, said the firm had been contacted by lobby groups "pressuring us to not do business in Iran", prompting the company bosses to have a change of heart. PaymentWall has called on Paymentwall to support its business facilitating payments to and from Iran, but has yet to receive a reply.
San Francisco-based payments company PaymentWall has "postponed indefinitely" the integration of its platform with Iranian system Shetab which went live in April 2016. Honor Gunday, head of business development at Paymentwall, said the firm had been contacted by lobby groups "pressuring us to not do business in Iran", prompting the company bosses to have a change of heart. PaymentWall has called on the Office of Foreign Asset Controls of the Treasury Department to support its business facilitating payments to and from Iran, but has yet to receive a reply.