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

Regular disclosure of information by issuers is one of key conditions for development of Armenian capital market – Ministry of Economy

Capital market development in Armenia is increasingly dependent not only on the growth in the number of issues and the expansion of instruments, but also on the quality of the environment in which investors make decisions.

Euro and ruble exchange rates against the Armenian dram fell, while the dollar continued to rise

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of March 26, 2026, increased by 0.16 points compared to March 25, reaching 377.36 drams.

Mher Grigoryan considers ADB’s participation in key projects for Armenia important

Armenian Deputy Prime Minister Mher Grigoryan and Asian Development Bank (ADB) Regional Managing Director Leah Gutierrez discussed the implementation of joint programs.

Acba Leasing’s special offer: 5% down payment for purchasing an electric vehicle

Acba Leasing, the undisputed leader in the Armenian leasing market, is presenting a special offer on the purchase of electric vehicles at TOON EXPO 2026, together with its partner ROEL Automotive Group, according to the Acba Bank press service.

Acba Group invested $45 million in the creation of an AI factory

To spur the development of artificial intelligence infrastructure in Armenia, Acba Bank and Amundi-Acba Asset Management have invested a total of $45 million in Firebird to establish an AI factory and data center.

LATEST NEWS

spot_imgspot_imgspot_img