Thu, 21 August
26.1 C
Yerevan
USD: 384.03 RUB: 4.80 EUR: 443.29 GEL: 142.29 GBP: 510.11

VTB Bank (Armenia) launches new generation of modernized pos-terminals

YEREVAN, June 21. /ARKA/. VTB Bank (Armenia) has put into operation a new generation of technologically modernized POS-terminals and special auxiliaries that enable customers to make contactless payments for purchase of goods and services without having to enter their PIN-codes, thus simplifying the payment process as much as possible.

According to a Bank’s press release, to make an instant cashless payment customers should simply tap their cards against a contactless enabled terminal. Thus, this technology enables clients to make payments as quickly, easily and safely as possible in any trade outlet equipped with VTB Bank (Armenia) POS-terminal. The list of trade outlets is here.

If the transaction amount does not exceed 10,000 Armenian drams, there is no need to tap the card through the terminal, enter the PIN-code and sign the payment receipt , which further simplifies the payment process.

VTB Bank (Armenia) has created all the necessary prerequisites for the development of non-cash payments, simplifying the life of both cardholders and owners of trade outlets.

Earlier, in August 2017 the bank launched its first contactless cards. Today, due to increased customer demand, the bank has managed to switch more than one-third of its card portfolio to non-contact technology.

In order to improve the quality of servicing of trade outlets with its POS terminals, VTB Bank (Armenia) has also launched a new 24-hour service for consulting owners and employees of outlets on all issues related to servicing both payment cards and the POS terminals. This innovation will help the employees of retail outlets to service payment cards with more confidence.

VTB Bank Armenia joined the second largest bank of Russia, VTB Group in April 2004. VTB holds 100% of VTB Bank (Armenia) shares. It runs 67 branches across Armenia. -0—

spot_img

POPULAR

Armenia registered an inflation rate of 3.4% in July.

According to the National Statistical Committee (NSC) of Armenia, 12-month inflation in the consumer market amounted to 3.4% in July of this year.

Euro exchange rate down by 1.04 points to AMD 445.6

The average market exchange rate of the US dollar to the Armenian Dram as of August 12, 2025, upped by 0.23 points compared to August 11 and amounted to AMD 383.81.

Euro increases by 0.29 points to AMD 446.64

The average market exchange rate of the US dollar to the Armenian Dram as of August 11, 2025, decreased by 0.01 points compared to August 8 and amounted to AMD 383.58.

Armenian bank sees HSBC Malta takeover as gateway to Europe

Ardshinbank has submitted an offer to acquire HSBC Malta, David Sargsyan, deputy chairman of the Armenian bank, told the Times of Malta.

Unibank Issued Preferred Shares with a Fixed Annual Dividend of 12%

Unibank announces a new issue of Class “G” convertible preferred shares, offering investors a fixed annual dividend of 12%. The total issue volume amounts to AMD 1.5 billion.

LATEST NEWS

spot_imgspot_imgspot_img