Shaparak Company
Identity, location, website and operating role are supported by official Shaparak information. Regulatory context is supported by Central Bank and legal-analysis material.
Operations & footprint
Products and services
Shaparak operates and supervises Iran's electronic card payment network, including oversight of payment service providers, payment gateways, card-present and card-not-present transaction routing, merchant payment standards, payment security, transaction monitoring, and network governance across the formal card-payment ecosystem.
Ownership & group structure
Ownership
Its shareholding structure is described as private, while the Central Bank of Iran exercises significant supervisory and regulatory control. Shaparak implements payment-network policies defined through Central Bank regulations.
Commercial and investment relevance
Shaparak is relevant for investors assessing Iran's payment rails, PSP regulation, e-commerce infrastructure, merchant acceptance, transaction visibility, and compliance risk in digital payments. It can support analysis of consumer demand, fintech barriers, payment reliability, settlement rules, and the regulatory position of payment companies. Any market-entry or fintech due diligence should account for Shaparak's licensing role, technical standards, reporting obligations, fraud controls, transaction limits, and policy changes affecting PSPs and merchants. Its standards, oversight and network-governance functions are material to payment service providers, payment gateways and merchants using Iran’s formal card-payment ecosystem.
Constraints, risk & compliance
Key risks and constraints
The operating framework is closely shaped by Central Bank regulations. Changes in payment rules, technical standards or supervisory requirements may affect network participants.
Sanctions and compliance considerations
No standalone direct sanctions determination is made in this profile. Shaparak operates within Iran’s financial sector, which is affected by international sanctions; entity-specific legal and regulatory analysis is required.
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Connected Intelligence
Relevant geography, industry, market and execution context for this profile.
Frequently asked questions
Direct answers to the questions most likely to arise when reviewing this profile.
What is Shaparak?
Shaparak is the common name for the Electronic Card Payment Network Company, which operates and supervises Iran’s electronic card-payment network.
What does Shaparak oversee?
Its remit includes payment service providers, payment gateways, card-present and card-not-present transaction routing, merchant payment standards, payment security and transaction monitoring.
Is Shaparak regulated by the Central Bank of Iran?
The Central Bank of Iran exercises significant supervisory and regulatory control over Shaparak, whose role is defined through Central Bank regulations.
Where is Shaparak based?
Shaparak is based in Tehran, Tehran Province, Iran.