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

Euro and dollar exchange rates fall 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 15, 2026, decreased by 0.71 points compared to April 14, to 374.48 drams.

Unibank Awarded Client Protection Certification by MFR

Unibank has been awarded the Client Protection Certification by MFR, a global rating agency, providing assessments, data and technical expertise for the sustainable finance industry.

Unibank Launches Referral Campaign “Invite Friends and Get Bonuses”

Unibank announces the launch of the “Invite Friends and Get Bonuses” campaign, designed for cardholders within the salary program.

IMF Improves Armenia’s GDP Growth Forecast to 5.3% in 2026

The International Monetary Fund (IMF) forecasts real GDP growth for Armenia at 5.3% in 2026 and 5.5% in 2027, according to the April World Economic Outlook, published on April 14.

Yerevan’s budget revenue exceeded its target by 7.2% in the first quarter: Municipality

In the first quarter of 2026, Yerevan's budget actually received 22.3 billion drams, compared to its planned revenue of 20.8 billion drams, according to David Hakobyan, Acting Head of the Revenue Accounting and Collection Department at the Yerevan City Hall.

LATEST NEWS

spot_imgspot_imgspot_img