The Ambassador of Iran to Russia has said that Tehran and Moscow are consulting over the recognition of the Russian MIR inter-banking mechanism.

MIR is a Russian payment system for electronic fund transfers established by the Central Bank of Russia under a law adopted on 1 May 2017. The system is operated by the Russian National Card Payment System, a wholly-owned subsidiary of the Central Bank of Russia.
Iran and Russia are under US sanctions so they are seeking ways to have financial interactions independently from the US and its allies.