Iran's two leading instalment platforms booked 14,000 billion toman of credit purchases in one month, executive says

Speaking at the 29th Elecomp exhibition, digital banking executive Amin-Reza Riazati said Iran's two leading instalment platforms together recorded 14,000 billion toman of credit purchases in the month from 22 June to 22 July 2026. He cited a 25-fold rise in instalment purchase volume, period unstated, and said credit purchases now make up about a quarter of all purchases in the segment. He named SnappPay and Digipay as holding the largest share of transactions inside their parent networks, Snapp Group and Digikala; the source attributes the 14,000 billion toman figure to the two leading platforms without naming them, and does not state Riazati's organisation.