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Russia and Iran connect national payment networks – media ...News
The integration of the Mir and Shetab systems will facilitate electronic fund transfers Moscow and Tehran have officially finalized the pairing of their national payment systems, which will allow travelers from the two countries to use their domestic debit cards for purchases in either Iran or Russia, media in Iran are reporting. Addressing a formal ceremony in Tehran on Monday, Central Bank of Iran (CBI) Governor Mohammad-Reza Farzin described the connection of Russia’s Mir and Iran’s Shetab payment systems as a major step towards economic cooperation and de-dollarization, as well as facilitating economic and tou
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