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

Euro and ruble exchange rates against the Armenian dram rose, while the dollar weakened: Central Bank

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian foreign exchange market, fell by 0.34 points on September 4, 2026, compared to September 3, to 363.85 drams.

Cube Invest announces the placement of AMD bonds worth 5 billion drams

By Decision No. 1/288 A of the Chairman of the Central Bank of the Republic of Armenia dated July 1, 2026, the program prospectus for Cube Invest CJSC's registered coupon bonds was registered.

Loans issued by Armenian commercial banks approached 8.9 trillion drams at the end of July

The volume of loans issued by commercial banks in Armenia as of the end of July 2026 amounted to 8,898,629 million drams, compared to 8,775,241 million drams at the end of June.

EBRD Bonds Worth 5 Billion AMD Listed on AMX

Bonds of the European Bank for Reconstruction and Development (EBRD) with a total nominal value of 5,000,000,000 AMD have been listed on the Armenia Securities Exchange (AMX), the AMX press service reported.

Become a Unibank shareholder and acquire perpetual bonds with a 13.25% yield

Unibank is successfully placing newly issued shares worth AMD 3.9 billion as part of Armenia’s first hybrid investment offering.

LATEST NEWS

spot_imgspot_imgspot_img