Areximbank-Gazprombank Group first to use Visa payWave contactless cards

YEREVAN, May 13. /ARKA/.  Areximbank-Gazprombank Group closed joint stock company has become the first Armenian bank to accept and issue contactless Visa payWave plastic cards, the bank’s press office reported.

Visa payWave is an almost instantaneous payment technology that requires customers to simply wave their card in front of the reader. No pincode is required for payments of up to 10,000 drams.

The technology is currently available only in some 23 sales centers in the Armenian capital, but the number will be increased in future, the press office of the bank said.

Areximbank – Gazprombank Group was founded in 1998. The bank is a 100 percent subsidiary of Russian Gazprombank. –0–

spot_img

POPULAR

Sona Ishkhanyan elected Chairperson of Acba Bank Board

Sona Ishkhanyan has been elected as Chair of the Acba Bank Board.  

Euro, dollar, and ruble fall against Armenian dram

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of April 30, 2026, decreased by 0.41 points compared to April 29, to 370.78 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.

Armenia plans to increase the dividend tax for bank shareholders to 15%

At a meeting on Thursday, the Armenian government approved amendments to the Tax Code and the Law "On State Duty," which provide for changes in taxation of the banking sector.

ADB Appoints New Country Director for Armenia

The Asian Development Bank (ADB) has appointed Lyaziza Sabyrova as its new Country Director for Armenia, effective 1 April 2026.

LATEST NEWS

spot_imgspot_imgspot_img