Mon, 3 March
4.1 C
Yerevan
USD: 393.69 RUB: 4.40 EUR: 411.09 GEL: 141.36 GBP: 497.94
spot_img

Unistream starts cooperating with HayPost

YEREVAN, July 24. /ARKA/. Unistream has started cooperating with HayPost, national postal operator, the press office of the bank reported on Tuesday.

«Armenia and Russia are friendly countries that closely cooperate in various areas,» the bank says in its press release. «Unistream is actively contributing to development of these ties, ensuring fast and convenient international money transfers with currency conversion.»

There are more than 300 Unistream spots where the country citizens can receive remittances from Russia in the currency they choose and send money to Russia.

Now Unistream is one of the most popular money transfer systems in Armenia.

It is the flagship in this segment of services – Unistream’s share in the money transfer market in Armenia is 45%.

But despite the constant expansion of the Unistream network in Armenia, residents of remote areas have to spend much time to reach nearby money transfer spots.

Now this problem is already solved thanks to integration of Unistream and HayPost services.

Today Haypost has the widest network of its presence either in big cities or in remote settlements.

Starting from July 2018, it is already possible to receive Unistream money transfers in all the cities and villages which have HayPost offices.

HayPost clients may send and receive money via this money transfer system in rubles, dollars, euros and drams.

Russia’s residents and guests may send money from any Russian Unistream spot or on the system’s website without registration, and the transferred money will be available at any postal office of Armenia.

«Armenia is one of the top-priority territories of our development,» CEO of UNISTREAM Bank Kirill Palchun is quoted in the press release. «Remittances operated via Unistream in CIS countries have grown 19% over the last year. Growth in Armenia was above-average – 24%. Seeing Armenia residents’ interest in our system, we are maximally expanding the area of its availability across this country’s territory.»

HayPost representatives, too, point out the cooperation advantages saying that unification of the company’s capacity with Unistream is the need of the time.

«The key goal of HayPost is constant improvement of the quality of the provided services,» the company says. «Thanks to the launch of Unistream in HayPost offices, we can offer our clients the fast, reliable and beneficial money transfer service.»

It is obvious that the growth of volumes of remittances in Armenia will become more impressive now – Unistream analysts say the market has a great potential. –0—

spot_img

POPULAR

Net inflow of remittances to Armenia from abroad decreased by 1.7 times in January

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the banking system of Armenia, amounted to $18.7 million in January 2025, compared to $32.8 million in January 2024, according to the report from the Central Bank of Armenia.

Euro exchange rate plummets by 3.34 points

The average market exchange rate of the U.S. dollar to the Armenian dram on February 28, 2025, amounted to AMD 393.26, having increased by 0.09 points compared to February 27.

Government makes its first attempt to regulate the cryptosphere

At a meeting on Thursday, the Armenian government approved the law "On Cryptoassets," aimed at introducing regulations in the areas of cryptocurrency circulation, exchange, and service provision.

C-QUADRAT AAM Armenia CEO: Investments in Formula VC venture fund will develop Armenia’s technological future

The unprecedented decision of the C-QUADRAT Ampega Asset Management Armenia pension fund to invest $1 million in the Formula VC venture fund in 2024 is very important for Armenia, said Arman Vardanyan, CEO of C-QUADRAT Ampega Asset Management Armenia, summing up the results of a year of cooperation with the Formula VC venture fund.

New Armenian Formula VC II fund invests $30 mln in 40 tech startups with Armenian roots around the world

Armenian Formula VC fund announced the launch of Formula VC II fund on Thursday. 

LATEST NEWS

spot_imgspot_imgspot_img