IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES
Since the imposition of sanctions on the Republic of Iran, no international payment system has been established in the country. As a result, Iran implemented a solution to the described problems without attracting external assistance, in particular, the Shetab payment system was created and its conn...
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| Format: | Article |
| Language: | English |
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Publishing House of the State University of Management
2020-06-01
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| Series: | Вестник университета |
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| Online Access: | https://vestnik.guu.ru/jour/article/view/2200 |
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| author | M. M. Rahimian |
| author_facet | M. M. Rahimian |
| author_sort | M. M. Rahimian |
| collection | DOAJ |
| description | Since the imposition of sanctions on the Republic of Iran, no international payment system has been established in the country. As a result, Iran implemented a solution to the described problems without attracting external assistance, in particular, the Shetab payment system was created and its connection to ATM networks in Bahrain, Qatar, the UAE and Kuwait was implemented. Iran also introduced the Shetab Bank card system, which is extended to Armenia and Turkey. The impact of bilateral payment system on economic growth and increase in cash turnover between two countries, during the period of economic sanctions, has been considered in the article. |
| format | Article |
| id | doaj-art-2a7ab248647949fdbb8886299cc52bd3 |
| institution | Kabale University |
| issn | 1816-4277 2686-8415 |
| language | English |
| publishDate | 2020-06-01 |
| publisher | Publishing House of the State University of Management |
| record_format | Article |
| series | Вестник университета |
| spelling | doaj-art-2a7ab248647949fdbb8886299cc52bd32025-02-04T08:28:04ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152020-06-010417418110.26425/1816-4277-2020-4-174-1811704IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIESM. M. Rahimian0State University of ManagementSince the imposition of sanctions on the Republic of Iran, no international payment system has been established in the country. As a result, Iran implemented a solution to the described problems without attracting external assistance, in particular, the Shetab payment system was created and its connection to ATM networks in Bahrain, Qatar, the UAE and Kuwait was implemented. Iran also introduced the Shetab Bank card system, which is extended to Armenia and Turkey. The impact of bilateral payment system on economic growth and increase in cash turnover between two countries, during the period of economic sanctions, has been considered in the article.https://vestnik.guu.ru/jour/article/view/2200bank card systemdeveloping economieseffect of decentralizationfinancial technologiesinternational payment systemmonetary policynational payment systemsanctionsshetab |
| spellingShingle | M. M. Rahimian IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES Вестник университета bank card system developing economies effect of decentralization financial technologies international payment system monetary policy national payment system sanctions shetab |
| title | IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES |
| title_full | IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES |
| title_fullStr | IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES |
| title_full_unstemmed | IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES |
| title_short | IRANIAN PAYMENT SYSTEM “SHETAB” AND PROSPECTS OF THE IRANIAN BANK CARD SYSTEM IN FOREIGN COUNTRIES |
| title_sort | iranian payment system shetab and prospects of the iranian bank card system in foreign countries |
| topic | bank card system developing economies effect of decentralization financial technologies international payment system monetary policy national payment system sanctions shetab |
| url | https://vestnik.guu.ru/jour/article/view/2200 |
| work_keys_str_mv | AT mmrahimian iranianpaymentsystemshetabandprospectsoftheiranianbankcardsysteminforeigncountries |