About
Shetab is Iran's national interbank card network, in operation since 2002. Before it, Iranian bank cards worked only at the issuing bank's own ATMs and POS machines; Shetab links the banks so that one bank's debit card can be used at another bank's ATMs and for interbank transfers, bill payments and balance checks. Card purchases at shop POS terminals are first collected by Shaparak, a switch for licensed payment service providers under Central Bank of Iran supervision, which routes them on to Shetab and the issuing bank. According to 2017 figures, banks had issued nearly 344 million debit cards, of which about 74 million had been used for a transaction.
Countries
