Sun, 11 January
0.1 C
Yerevan
USD: 381.21 RUB: 4.81 EUR: 443.92 GEL: 141.50 GBP: 511.13

October card transactions see 15.3% increase in Armenia

YEREVAN, December 17. /ARKA/. Total volume of all card transactions in Armenia amounted to about 124.7 billion drams in October, an increase of 15.3% compared to the month before, says the Central Bank of Armenia monthly information bulletin for October.

Number of card transactions in the period totaled 2,197,720 (3.4% increase over the month).

Card transactions processed through the Internet amounted to a total of 1.9 billion drams as of the end of October (about 10.6% increase). A total of 140,670 such transactions were carried out in the period (4.1% increase).

Card transactions through ATMs amounted to a total of 87.3 billion drams as of the end of October (4.3% increase); the number of the transactions was 1,799,772 (3.5% increase).

Card transactions via POS terminals and imprinters amounted to about 35.4 billion drams in the reporting month (56.5% increase); the total number of such transactions was 257,278 (approx. 2.6% increase). ($1=490.34 drams). –0–

spot_img

POPULAR

Armenian banks tighten checks on Russian transactions

Banks in Armenia and Serbia have tightened checks on Russian transactions following Russia's inclusion on the EU's money laundering blacklist, RBC reports, citing lawyers and international business consultants.

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Procedure and conditions for providing cashback on transactions with ArCa cards

Starting January 1, Armenia introduced a 2% cashback system for non-cash payments made with ArCa payment system cards.

Net inflow of remittances to Armenia from abroad increased by 17.9% in the first 11 months of 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.32 billion in January-November 2025, compared to $1.12 billion in January-November 2024, according to a report from the Central Bank.

LATEST NEWS

spot_imgspot_imgspot_img