Iran prepares necessary infrastructure to service Russian cards
Implementation of the Russian payment system will take time
Iran is preparing the necessary financial infrastructure to work with the Russian payment system. This is reported by Tehran Times, a partner of TV BRICS.
Iranian terminals may start accepting Russian debit and credit cards within the next few months, said Mohsen Rahimi, trade attaché at the Iranian Embassy in Moscow. According to him, work on preparing the necessary technical infrastructure is already underway, but the introduction of the system will take time.
Trade turnover between the two countries last year totalled US$4 billion. At the moment, the countries have huge potential for further growth, especially in industry, engineering and transport.
Back in January 2023, Iran and Russia announced that the two countries had merged their interbank communication and transfer systems to help speed up trade and financial transactions.
Earlier, it became known that the Russian Finance Ministry, together with the Central Bank and BRICS partners, will prepare a number of initiatives to create an independent international monetary and financial system. This work may result in, among other things, the creation of a digital settlement and payment platform BRICS Bridge.
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![Vladimir Putin]()
Vladimir PutinPresident of Russia"More and more Iranian students are choosing Russian education. We are very pleased about this. A great many future doctors are studying in Russia. In the 2025–2026 academic year, the number of Iranian students in Russia approached 10,000, with 802 of them studying at the expense of the Russian state budget" -
![Xi Jinping]()
Xi JinpingPresident of the People’s Republic of China"The foundation of our bilateral relations will only grow stronger, and we will confidently move forward to a better future. […] The striving of nations on our planet for peace, development, cooperation and mutual benefit remains unchanged. The vital mission of the Shanghai Cooperation Organisation is to maintain stability and promote the development of our region" -
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Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification"
