Pay and Transfer Money Without Internet Using Iran Wallet

With Iran Wallet's latest features, essential payments and money transfers can now be made without internet access or the app. Transactions become easier with the USSD code *98#. In today's world, as dependence on internet and central banking systems grows, the need for alternative solutions for financial transactions is increasing more than ever ...

0 Posted by: Alireza Tajik on October 23, 2015 at 13:18

"Iran Wallet" in its latest features, now provides the possibility of transferring money and making necessary payments without the need for the internet and application.

With the command code *98#, transactions become easier. In today's world, where dependence on the Internet and central banking systems is increasing, the need for alternative solutions for financial transactions is felt more than ever. This method can be a vital option for users, especially during disruptions in communication networks. Easy and uncomplicated access is one of the advantages of this new system.

Iran's wallet was unveiled; Transfer money only with phone number and transaction amount

Iran's main wallet services and how to use them

By dialing the command code *98# through a mobile phone, users can access the financial services defined in the Iranian wallet system. To use this method, the SIM card must be registered in the person's own name. This feature allows users to perform some of their daily financial operations without visiting the bank in person and without installing a new application.

The services provided by this system include the following:

It should be noted that money transfer in this system is done between wallets and is not equivalent to direct money transfer to all bank accounts.

The importance of Iran's wallet in the country's payment network

The country's payment network is dependent on common systems such as Shatab and Shoprak. Disruption of these shared infrastructures could affect the operations of a large number of banks and payment companies. In such a situation, the development of complementary payment methods such as Iran's wallet can reduce users' dependence on a specific path.

As of August 1405, the number of wallets created in this system has reached 90 million, although this statistic does not necessarily mean that there are 90 million independent active users. The Iranian wallet is connected to the commercial wallets of some applications, and its application version is also provided in some superapplications, including "Top".

This solution will also be used to pay part of the subsidies and employee benefits in the future. Experience has shown that in case of internet or banking application disruption, command code-based methods are useful for some users; Provided that the mobile phone network and related processing systems are still active. Therefore, this wallet is a complementary tool, not a complete replacement for a bank card or Shatab service.