Local and foreign-issued payment cards used in August to make about 118 billion drams worth transactions

YEREVAN, 14 October. / ARKA /. Some 117.7 billion drams worth transactions were made in 2015 August in Armenia by using Armenian and foreign banks issued payment cards, by 7.5% less than in July, the Armenian Central Bank said in its monthly bulletin for August.

According to the bulletin, the total number of transactions dropped by 6.4% to 2,319,636. It also said Armenian and foreign banks-issued payments cards were used across the country in August to make 4.4 billion drams worth Internet-based transactions, about 6.1% more than in July, while the total number of Internet-based transactions in the  reporting period grew by 2.2% to 204,764.

These same payment cards were used also to make 89.5 billion drams worth transactions via ATMs, a decline of 9.1% from July, while their total number dropped by 7.7% to 1,789,574.

According to the Central Bank, these payment cards were used also to make 23.8 billion drams worth transactions via  POS-terminals and imprinters.  The figure represents a  3.7% decline from July, while the total number of such transactions fell by 4.3% to  325,298. ($ 1 – 474.38 drams). -0-

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