Iranian digital payment transactions exceeded $ 30.8bn during the month ending 20 December 2017 , according to Shaparak , Iran 's clearing and settlement network . The total number of POS terminals reached 5,580,501 by December 21. This figure represents a a 46.7 % YoY growth in the value of digital payments in the country . Purchasing goods and services accounted for 60 % of digital payment activity , while paying bills made up 18.3 % of total activity . Total checking account balances represented a further 6.3 % of digital transactions . During the same timeframe , 111.6 million cards failed , 88 % of which were due to user error and 8.5 % down to a mistake by the card issuer .
Iranian digital payment transactions exceeded $ 30.8bn during the month ending 20 December 2017 , according to Shaparak , Iran 's clearing and settlement network . This figure represents a a 46.7 % YoY growth in the value of digital payments in the country . Purchasing goods and services accounted for 60 % of digital payment activity , while paying bills made up 18.3 % of total activity . Total checking account balances represented a further 6.3 % of digital transactions . During the same timeframe , 111.6 million cards failed , 88 % of which were due to user error and 8.5 % down to a mistake by the card issuer .