Consolidation of bank and service cards in the national smart card

According to a report on Wednesday Iran is an economist From the central bank, Mohammadreza Mani Yekta, director of the payment system department of the Central Bank of the Islamic Republic of Iran, stated in a news interview: There are more than 400 million bank cards in the hands of the people, and on average, about 120 million of these cards are active every month.

He added: The cost of issuing a bank card in other countries is very high, but the cost of issuing a card in Iran is negligible. Of course, from the policy point of view, this issue is considered a harm.

Yekta clarified: With the signing of a joint cooperation agreement between the Civil Registry Organization and the National Bank of the Islamic Republic of Iran, the integration of service cards into the National Smart Card was keyed, and in this way citizens can use their National Card as a bank card in the near future.

He said: Those who have an account in Bank Melli can use their smart Melli card in Bank Melli branches and ATMs of this bank. It is now possible to use the national card in a bank, but it is not possible to use it in Shatab devices.

The director of Central Bank’s payment system department added: We will create a unique electronic code to reduce the number of bank cards and provide new payment services. This project will be implemented in the entire acceleration network and payment system of the country and is in the testing stages.

Yekta clarified: Five banks are now providing these services and these services will be expanded in the future.