YEREVAN, April 7, / ARKA /. Electronic payments (stock exchange transactions not counted) made in the last quarter of 2010 accounted for 51% of the overall amount and 96% of the total number of transactions made via Central Bank of Armenia’s payment systems.
According to the Central Bank, the overall volume of electronic payments in Q4, 2010 grew by 40% if compared to Q4, 2009 or by 648 billion Drams, while the number of transactions grew by 23% or 178,603.
Commercial banks accounted for 63% of the total amount of e-payments. The volume of e-payments via banks grew by 27% if compared to the fourth quarter of 2009. They also accounted for 99.7% of all electronic payments.
The average amount of daily payments rose by 10 billion Drams from Q4, 2009 to 35.4 billion Drams and the number of transactions rose by 2,791 to 15,132. An average single electronic payment was worth 2.3 million Drams, as much as in the fourth quarter of 2009 and an average amount of electronic payments made by commercial banks for stock exchange transaction was worth 1.7 billion Drams. ($1 – 371.38 Drams). -0-
