Moscow and Tehran have completed the integration of the Iranian Shetab payment system and the Russian "Mir." This was announced by the Chairman of the Central Bank (CB) of Iran, Mohammad Reza Farzin.
The first phase of the project will start on August 22 of this year.
Bank cards of the Iranian Shetab system can be used as Amber smart cards in all ATMs in Russia, and Iranian citizens will be able to withdraw rubles from Russian ATMs using their cards
On the second phase of the project, Russians will be able to pay with "Mir" cards in Iran. The third phase will allow Iranians to pay for goods in Russian stores with a Shetab card through a bank terminal.
It is worth noting that negotiations on the introduction of the "Mir" payment system in Iran have been ongoing since 2022. In May of this year, the creation of settlements in digital currency was also considered.
Read more on the topic:
The Russian "Mir" payment system is planned to be launched in Thailand
"Mir" cards are planned to be accepted in Egypt
Mauritius will introduce cards of the Russian "Mir" payment system
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