Russia and Iran to integrate payment systems

The move is currently being discussed by the countries’ respective central banks Russia’s domestic credit and debit payment system Mir will soon be integrated with its Iranian analogue Shetab in order to facilitate mutual transactions, Russian Foreign Minister Sergey Lavrov said on Wednesday. “On the integration and mutual use of the Russian Mir and Iranian Shetab systems, substantive talks are being held at the level of central banks. They communicated in July and agreed on a kind of a road map that will lead us to this result. I am sure that this will take place relatively soon,” Lavrov said at a press conferenc

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Last updated : 31 August 2022 clock 05:20 PM

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