Sadad Electronic Payment

Sadad Electronic Payment's financial statements for the year ended 20 December 2024, as reported by Digiato, show operating revenue of 3,660 billion toman, an increase of close to 50 percent, and net profit which the article describes as down about 11 percent, although the two amounts it prints imply about 14.4 percent; the article's figure is reported as the article's, and the arithmetic is flagged rather than reconciled silently. Net profit from 273 billion 858 million toman in FY2023-24 to 234 billion 487 million toman.

Sadad first official annual report, covering 2022-23, states that on the available figures more than 833 thousand billion toman of transactions pass through the electronic payment industry each month and that Sadad share of that is 12.5 percent. Of Sadad own 104 thousand billion toman monthly figure, the report states 83 percent comes from point-of-sale terminal transactions and 16 percent from internet payments.

Digiato's review of Sadad Electronic Payment's financial statements for the year ended 20 December 2024 states that the company's main revenue comes from providing electronic payment services to the Shaparak network and Bank Melli Iran, that close to 58 percent of its operating revenue comes from that source, and that Bank Melli alone accounts for about a third of total operating revenue.

The same report states that the pattern of use of Sadad services shows 11 in the morning as the peak hour for financial transactions, and that the greatest number of purchases, in person or online, happen at that hour of the day.

The site states that the company Pardakht Electronik Sadad is the payments specialist within the Sadad group and holds its mandate from Bank Melli Iran to develop electronic payment services. Sadad is the brand and the company name; Bank Melli Iran is named by the company itself as the institution it answers to, which is the basis for describing it as the bank's payments arm.