Today because of booming of the world economy, e-commerce and e-banking become an essential part of economic policy. Now a day internet has played an important role in corporate people with others and how business is doing today. Electronic commerce has emerged because of internet expanding, and businesses become more effectively interact with their customers and others within and outside their location. Banking sector is using this new contact channel to reach its customers. The e-banking system provide several promising trends: customer wishing list endless, timeless, anywhere service, product time-to-market imperatives and increasingly complex back-office integration challenges. The Shetab (Interbank Information Transfer Network) system is an electronic banking clearance and automated payments system used in Iran. The system was introduced in 2002 with the intention of creating a uniform backbone for the Iranian banking system to handle ATM, POS and other card-based transactions. This paper tries to show the experience of banking sector of Iran after 2002 and compare it with E-Banking industry of India.
