Iran, Russia plan to intertwine bank card networks, says minister

Iran's Minister of Economic Affairs and Finance Ehsan Khandouzi said on October 10 that the bank card networks of Iran and Russia will be hopefully connected within the next few months, according to the Hamshari Online news website.

"Good negotiations have been held between the Iranian and the Russian Central Banks, and I hope that the connection between the banking networks, as well as the connection between the networks of the (Iran's national payment system) Shetab and (the Russian) Mir bank cards, will take place within the next two to three months," Khandouzi was quoted as saying by Xinhua. 

The connection of the banking networks of Iran and Russia will make it easier for economic operators to do business, and tourists can also use this banking network, he said.