Tag Archives | Credit cards

Iran Introduces Credit Cards

Iran introduced credit cards for the first time on Sunday. According to a report from Reuters, the cards will be offered with limits of approximately 3,000, 10,000 and 15,000 dollars. But the Iranian Students’ News Agency (ISNA) quotes Valiollah Seif (pictured), the head of the Central Bank of Iran (CBI), as saying that it could […]

How MasterCard Debacle got Iranian Minister in Trouble

By Maysam Bizær, for Al-Monitor. Any opinions expressed are those of the author, and do not necessarily reflect the views of Iran Business News. Before the July 2015 nuclear deal, most banking and finance headlines about Iran concerned individuals or banks being fined or coming under investigation for allegedly violating US sanctions. These days, news of banks and […]

Video: Credit card services launched in Iran

From Al Jazeera. Any opinions expressed are those of the authors, and do not necessarily reflect the views of Iran Business News. Iran has introduced credit card services for the first time ever. It’s part of financial changes since the lifting of international sanctions earlier this year. Al Jazeera’s Gerald Tan takes a look at […]