Behpardakht Mellat Company announced the design, implementation, and successful testing of its SoftPOS solution based on the requirements of the electronic payment card network, Shetab. This new achievement allows the conversion of a smartphone equipped with NFC into a payment acceptance tool without the need for a physical card reader.
❓ Unknown
A New Step in the Development of the Next Generation of Payment Solutions
1w ago
October 18, 2026
1 min read
📰 Donya-e-Eqtesad
📋 Key Takeaway
Behpardakht Mellat has developed a new SoftPOS solution that enables smartphones to accept payments without physical card readers. This innovation is significant for the evolution of digital payment methods in Iran.
🔍 Quick Context Guide
💡 Bottom Line:
Behpardakht Mellat's SoftPOS solution represents a significant step towards modernizing Iran's payment infrastructure.
👥 Key Players
Behpardakht Mellat Company
MENTIONED
Payment solutions provider
"A key player in Iran's digital payment landscape, contributing to the modernization of financial transactions."
📰 What Happened
Behpardakht Mellat Company has developed a new SoftPOS solution that allows smartphones to accept payments without the need for physical card readers. This innovation aims to enhance the efficiency of electronic payments in Iran.
- The SoftPOS solution is based on the requirements of Iran's electronic payment card network, Shetab.
- This technology utilizes NFC (Near Field Communication) capabilities of smartphones.
💡 Why It Matters
🇮🇷 For Iran: This development could improve financial inclusion and streamline transactions in a country where cash is still widely used.
🌍 Regional: It may influence other countries in the region to adopt similar technologies, enhancing regional digital payment systems.
🌐 International: Potentially reduces reliance on traditional banking systems, which could be significant for international trade and sanctions evasion.
📚 Background
Iran has been working to modernize its financial systems amidst economic sanctions and a need for more efficient payment methods.
Digital payment systems
Economic sanctions on Iran
📡 Source:
NEUTRAL
📊 Confidence:
70%
The information appears to be factual and focused on technological advancement without overt political bias.
🏷️ Entities Mentioned
🌐
Translated from the original and edited for English readers. View original source →
Translation confidence: 85%
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