Idram company to start processing and clearing payment and settlement documents

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YEREVAN, April 12. /ARKA/. The Central Bank of Armenia has decided to provide a license to Idram Company for processing and clearing of payment and settlement papers.

Idram LLC, which is the operator of Idram payment system, was established on May 8, 2008.

On December 29, 2009, the company received from the central bank a license for operation money transfers.

On March 6, 2012, the regulator authorized for the first time Idram electronic money emission. –0—-

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