Financial Tribune - The monthly report of Shaparak payments and settlement network indicates 13.3% decline in value of transactions during the third month of the current fiscal year (started March 21) compared to a month earlier.

Shaparak processed 2.19 billion transactions worth 2,390 trillion rials ($19.5 billion) in the month ending on June 21, indicating a monthly hike of 2.48% in terms of volume, Shaparak website reported.

The figures show a 27.16% and 32.88% growth year-on-year in terms of volume and value respectively.

Factoring out the inflation factor, the company presents data in real terms to help provide timely and authentic information to decision-makers.