Some 70 ATMs in demand in Armenia every year

YEREVAN, March 25. /ARKA/. Some 70 ATMs are in demand in Armenia every year, Igor Kudrin, executive director of Lanit Russian company’s banking technologies division, said at a press conference on Thursday.

He said that the company exports ATMs to Armenia and sees a high demand for them here. Kudrin said that the Russian company cooperates with some Armenian banks.

He thinks there is room for establishing cooperation also with other banks in Armenia. In particular, he said there is room for installing ATMs, POS-terminals, video control systems and other new generation devises.

He said that the company’s Diebold ATMs have a five-cassette dispenser, which, if fully-loaded, let banks save up to 20% of resources.

“Diebold company improved software in 2009 to ensure 100-percent security and bar other people from penetrating in the software,” Kudrin said.

More than that – all the provided parts of ATMs meet security requirements, especially cardreader-а ATMs and client keyboards.

It means ATMs are fully secured.

Some 580 ATMs functioned in Armenian ArCa payment system as of Jan 1, 2010. The system can increase their number to 3,000.

LANIT Holding, (laboratory of new information technologies), is the largest Russian company. It started operating on IT market in 1989.

The company engages in distribution, system integration and training of IT specialists. LANIT is official representative of Diebold, ATM-producing company, in Russia and Commonwealth of Independent States.-0—

spot_img

POPULAR

Euro rises against Armenian dram, while US dollar falls

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of April 29, 2026, decreased by 0.21 points compared to April 28, to 371.19 drams.

Euro, USD and ruble drop  against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 28, 2026, decreased by 0.16 points compared to April 27, to 371.4 drams.

A new law on payment services is being developed in Armenia – Deputy Governor of Central Bank

A new law on payment services is being developed in Armenia, taking into account modern trends in financial technology development, said Deputy Chairman of the Central Bank of Armenia Hovhannes Khachatryan.

Natalija Novta will become new IMF Resident Representative in Armenia

Natalija Novta will become the new IMF Representative in Armenia in August, replacing Umang Ravat.

Armenia’s Deputy Prime Minister discussed infrastructure development and the green economy with an EBRD delegation

Armenian Deputy Prime Minister Tigran Khachatryan discussed infrastructure modernization and the transition to a green economy with a delegation led by Elisabetta Falcetti, Executive Director for Turkey and the Caucasus at the European Bank for Reconstruction and Development (EBRD).

LATEST NEWS

spot_imgspot_imgspot_img