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Local and Alternative Payment Methods in Iran
Population
88,550,000
Currency
Iranian Rial
Iran, with over 83 million people, is a significant e-commerce market. The currency is the Iranian Rial (IRR), and the main language is Persian (Farsi).
The e-commerce and online payment sectors are growing, although they face challenges due to international sanctions and restrictions. For online merchants, using local payment methods is crucial for boosting sales. Familiar payment options make customers more likely to complete purchases, reducing cart abandonment, building trust, and enhancing security.
Benefits of Local Payment Methods:
- Increase sales
- Reduce cart abandonment
- Enhance customer satisfaction
- Build customer loyalty
- Gain trust and stand out in the market
Offering local payment options connects you with millions of potential customers in Iran and drives growth.
Iran
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