All online businesses need a secure online payment gateway. According to the regulations of the Central Bank of the Islamic Republic of Iran, companies with a payment assistance license can operate online. Internet payment portals are provided by Yari payment companies under the supervision of the Central Bank and Shoprak. Stay with us for more information about the shop.
The main task of Yari payment companies is to provide a variety of payment services to individuals and businesses.
Activists in the field of Yari payment try to make the process of receiving the online payment gateway much easier, and in this way, the payment gateway is provided within a few hours after submitting the documents.
Benefits of subsidy payment
Among the benefits of payment assistance, the following can be mentioned:
Organizing payment gateways
Prevent abuse of offending websites
More supervision of Shoprak on the interface payment gateways
Provide an acceptance code for each acceptor
Depositing only the interest of the acceptors’ fees to the account of Pay Yar (transaction amounts of the acceptors are deposited into their own accounts after deducting the fee)
Better management of the blacklist of adopters
Disadvantages of subsidy payment
Among the disadvantages of payment assistance, the following can be mentioned:
The slowness of the implementation of aid payment
The incompleteness of the implementation of payment assistance (the separate deposit section of the receivers’ profits has not yet been implemented and the management of the black list of receivers has not yet been completed)
Who’s paying yaar?
With the expansion of online business space and the need for a secure payment platform, a new institution has been defined by the Central Bank to facilitate electronic payments called Pay Yar. By concluding a contract with payment service providers, this institution makes it possible to use acceptance tools and connect to the electronic payment network (Shoprak) indirectly. As a result of Yar payment, within the framework of the document prepared by the Central Bank and based on the contract concluded with payment service providers (PSP) and Shoprak, it can make cardless payments, including in-app payments based on mobile infrastructure, for its recipients and then send to the Shoprak network. slow