Armenian plastic cards were used in July to make 6.4 billion drams worth transactions outside country

YEREVAN, September 9. / ARKA /. The plastic cards of Armenian commercial banks were used in July to make 6.4 billion drams worth transactions outside the country, a 36.5% increase from June, the Central Bank of Armenia said in its monthly bulleting for July. It said the total number of transactions rose to 110,000, an increase of 24 percent from June.

The amount of non-cash transactions abroad made by using plastic in July rose by 44.7 percent to 4.4 billion drams. The volume of withdrawals by use of plastic cards outside the country in May rose by 21 percent to 1.9 billion drams.

Twenty-one commercial banks in Armenia serviced banking cards – 19 of them are members of the single payment system ArCa. ($ 1 – 412.14 drams). -0-

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