همفکران فناوری شریف
سنجش آمادگی دیجیتالAll articlesBook a demo

Retail payments, PAYA and SATNA: how settlement works

PaymentsBy: S. Mohsen Shahmoradi2 min readSource: CBI
Retail payments, PAYA and SATNA: how settlement works

1Introduction

In Iran, interbank transfers use card-to-card via Shetab, PAYA for batched transfers, and SATNA for large real-time transfers.

2Discussion

Each has its own limits, timing and fees; choosing well cuts cost and time for bulk payments such as payroll.

3Conclusion

For fintechs, understanding this infrastructure enables honest UX: users should know exactly when their money arrives.

Share:TelegramWhatsAppLinkedIn

Sources

  1. CBI ↗
  2. EcoIran ↗
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

PaymentsEvent-driven architecture and message queues in payment systemsAt thousands of transactions per second, direct synchronous calls become brittle; event-driven design decouples services.PaymentsPayment orchestration: smart multi-gateway managementOnline businesses use several gateways; orchestration makes this multiplicity smart and unified.PaymentsCross-border payments: challenges and new approachesInternational transfers remain slow and costly; new technology and regional cooperation aim to reduce friction.PaymentsThird-party payment initiation: the next phase of open bankingAdvanced open banking lets licensed third parties initiate payments directly from customer accounts with consent.