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Transactions made by using payment cards surge by 37.8% to 106.8 billion drams in February

YEREVAN, April 11. /ARKA/. Payment cards issued by Armenian and foreign banks were used in Armenia to make 106.8 billion drams worth transactions in 2016 February, a 38.7% surge when compared to the previous month, according to Central Bank of Armenia monthly bulletin for February.

The total number of transactions made by using payment cards in 2016 February increased by 29.5% to 2,363,145.

According to the Central Bank, the payment cards issued by Armenian and foreign banks were used in February to make 5 billion drams worth online (Internet) transactions, an increase of about 20.2% from January, while the total number of Internet transactions made by using payment cards saw a 12.3% growth to 251,461.

The amount of transactions made by the payment cards issued by Armenia and foreign banks via ATMs jumped by 41.1% to 82.8 billion drams, while the total number of transactions increased by 34.7% to 1,793,364.

According to Central Bank data, the amount of transactions made by using payment cards through POS-terminals and imprinters in February amounted to about 19.1 billion drams, an increase of about 34.4% from January, while the total number of transactions grew by 18.2% to 318,320. ($ 1 – 483.48 drams). -0-

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