Months-long conflict with the US and a US blockade of Iranian ports have pushed up inflation and squeezed household budgets, leading Iranian firms to expand buy-now-pay-later (BNPL) and deferred-payment promotions. SnappPay and similar companies have

2026-08-13

Months-long conflict with the US and a US blockade of Iranian ports have pushed up inflation and squeezed household budgets, leading Iranian firms to expand buy-now-pay-later (BNPL) and deferred-payment promotions. SnappPay and similar companies have erected billboards across Tehran advertising deferred payments for clothing, mobile phones, gold and holiday travel as consumer purchasing power declines. Ali Saedvandi, founder of private bank and training group EconClinic, says the prevalence of BNPL reflects producers’ and suppliers’ Desperation amid mounting inflationary pressure.