همفکران فناوری شریف

سنجش آمادگی دیجیتال All articles Book a demo

E-wallets: role, regulation and opportunities in the payment system

Regulation & securityBy: S. Mohsen Shahmoradi2 min readSource: CBI

E-wallets: role, regulation and opportunities in the payment system

1Introduction

An e-wallet is a top-up digital account for small payments and transfers without entering card details.

2Discussion

In Iran, wallets follow CBI rules on balance and transaction caps, tiered KYC and safeguarding funds in designated bank accounts.

Businesses use them to cut small-payment costs, run loyalty schemes and refund quickly.

3Conclusion

Their future depends on interoperability, open-banking links and the digital rial.

Sources

همفکران فناوری شریفThis article summarises the official sources cited, prepared by the Hamfekran Fanavari Sharif team for finance leaders.

Want to see these solutions in your organisation?Book a free demo

Related articles

Regulation & securityDigital customer onboarding (eKYC): opening accounts without visiting a branchRemote identity verification is the gateway to digital banking; the challenge is balancing convenience with fraud resistance.

Regulation & securityPCI DSS v4: card data security in the digital payments eraAny organisation storing, processing or transmitting card data faces PCI DSS; v4 introduces a more flexible, risk-based approach.

Regulation & securityInformation security risk management: from assets to management decisionsAbsolute security does not exist; informed risk management targets security spending.

Regulation & securityRespected cybersecurity certifications: from CISSP to OSCPProfessional certifications are the global job market’s common language; knowing each one’s role helps choose well.