Payman

FintechDirect debit paymentsIn the registry

Entity IDIR-CO-2416

SectorFintech

Founded2019

HQCoverage pending

VerificationReported

Last reviewed2026-10-09

Payman runs a direct-debit service: a user signs a mandate with a capped amount and number of transactions, and online businesses can then charge the user's bank account for instant, recurring or automatic top-up payments; its own report says customers of 12 banks can use it.

Doing business with Payman? Check who legally owns and runs it: registry identity, capital and current board from the Official Gazette, in English with the Persian source, in three working days for USD 750. Full dossier with audited figures and competitors, USD 3,000. Order a Payman registry check · see a free sample

Operating metrics, period-stamped

Value of successful transactions, year-on-year changeYear to 19 March 2024Company disclosed

Up 204.5 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Nominal rial growth, not adjusted for inflation. Compared with the year to 20 March 2023.

Direct-debit transactions processedYear to 19 March 2024Company disclosed

25,941,504

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09All attempts, successful or not. Under half completed.

Launched, as Faraboom's first productYear to 19 March 2020Company disclosed

Payman launched as Faraboom's first product

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Faraboom is an open-banking company the report says was formed with Tosan and several large Iranian banks as shareholders. Payman began as its product.

Operating company formedYear to 19 March 2024Company disclosed

Payman Yekta-ye Mandegar, trading as Payman, formed as an independent company with Narvan Entrepreneurship joining as co-investor on behalf of Agah Financial Group

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09

Online businesses using the service directlyYear to 19 March 2024Company disclosed

119

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Merchants integrated directly with Payman. Businesses reached through payment partners are counted separately.

Share of processed transactions that succeededYear to 19 March 2024Company disclosed

45.6 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09

Became an independent businessYear to 20 March 2023Company disclosed

Began operating as an independent business focused on direct debit, late in the year

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09

Successful transactions, year-on-year changeYear to 19 March 2024Company disclosed

Up 124.7 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Compared with the year to 20 March 2023.

Users with an active mandate who made at least one purchaseYear to 19 March 2024Company disclosed

98 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09A conversion rate among users holding an active mandate, not a share of all registered users.

Successful transactionsYear to 19 March 2024Company disclosed

11,815,512

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Counts transactions that completed. The report says 25,941,504 direct-debit transactions were attempted in the same year.

Value of successful transactionsYear to 19 March 2024Company disclosed

9,744,560,000,000 rial

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Value of payments that completed, in rial as printed.

Share of processed transactions that failed for insufficient fundsYear to 19 March 2024Company disclosed

41 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09A failure on the payer's side, not a system fault.

Share of processed transactions that failed for system faultsYear to 19 March 2024Company disclosed

13.4 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09The report does not say whether the faults were at Payman or at the banks.

Banks whose customers can use the serviceAt the time of the report for the year to 19 March 2024Company disclosed

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09

Businesses accepting the service, including through partnersYear to 19 March 2024Company disclosed

More than 1,000

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Includes merchants served through Asan Pardakht, BazarPay and Vandar, which offer it to their own merchants through Payman's infrastructure. A floor, not a count.

Share of staff who joined during the yearYear to 19 March 2024Company disclosed

74 per cent

Payman annual report, year to 19 March 2024 · retrieved 2026-10-09Share of the staff at year end who were hired during the year.

Ownership & capital

Legal operator (home page)Company disclosed

The home page of web.paymanpay.ir names شرکت پیمان یکتای ماندگار (Payman Yektaye Mandegar) as the company operating under the trade name Payman, and the site footer reserves all material and moral rights to the same company. The passage is quoted verbatim in the source passage.

Payman, home page, web.paymanpay.ir ↗ · retrieved 2026-10-09The company's own site states the relationship in so many words, naming the company and saying it trades under the brand, which is the strongest form this evidence takes. The page prints no legal form, national identifier or registration number, so the link rests on the company's own statement and has not been matched to the Official Gazette. The counts of apps and banks in the same sentence are the company's own claims and are not established here.

Source ledger, every field, its evidence

Value of successful transactions, year-on-year changeCompany disclosedYear to 19 March 2024

Up 204.5 per cent