VTB Bank (Armenia) asks holders of MasterCard banking cards to make purchases by using POS terminals

YEREVAN, March 21, / ARKA /. VTB Bank (Armenia) urged today its customers to make purchases by using their MasterCard banking cards, saying they just need to tap it on the POS terminal or other device
The bank said its MasterCard cards operate based on PayPass technology, which makes it possible to pay for purchases of up to 10,000 AMD by card with one tap on the device without having to enter the PIN code.

VTB Bank (Armenia), jointly with the international payment system MasterCard, provides its clients with MasterCard Standard Unembossed, MasterCard Standard, MasterCard Gold, Business cards and World Black Edition premium category cards urging them to use a number of their advantages.

One of these major advantages is that the cards are multicurrency with accounts in 4 major currencies – AMD, US dollars, Euros and Russian rubles. Holders of MasterCard Gold cards can withdraw cash from VTB Group’s ATMs in any of the CIS country and Georgia with 0% commission.

Besides, MasterCard cards of VTB Bank (Armenia) are absolutely safe and protected as they are with chip carriers, not magnetic, which is safer. They are harder to forge; they are connected to the Secure Code service, which at the time of online purchase requires confirmation via SMS.

Using the bank’s MasterCard cards is not only safe and beneficial, but also convenient and fast.
Customers can top up card accounts online through the TelCell and Easy Pay payment terminals,
top up card accounts in cash-in ATMs, enter different banknotes with one transaction, also to receive instant money transfers from abroad with a single call to the Contact Center by indicating only one’s personal data, transfer code and the amount.

MasterCard cards can be used in more than one million ATMs worldwide and make cashless payments at more than 32 million retail and service outlets.

VTB Bank (Armenia) CJSC became a participant of the international financial group VTB in 2004. Currently, VTB Bank, the second largest in Russia, owns 100% of VTB Bank (Armenia). -0-

spot_img

POPULAR

Government securities dominate Armenia’s capital market, with a volume of approximately $7.4 billion – Galstyan

Government securities dominate Armenia's capital market, with a volume of approximately $7.4 billion in circulation, stated Martin Galstyan, Chairman of the Central Bank of the Republic.

Euro and dollar exchange rates against the Armenian dram continued to rise, while the ruble weakened again: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of June 1, 2026, increased by 0.17 points compared to May 29, reaching 368.35 drams.

Unibank will not increase fixed-adjustable interest rates on loans secured by real estate

Unibank has decided to keep unchanged the fixed-adjustable interest rates on consumer and mortgage loans secured by real estate, which were scheduled to increase starting from May 2026.

Acba Bank summarized 2025 results with impressive figures

At its annual general meeting of shareholders, Acba Bank summarized the results of 2025 with impressive figures and set new targets for the current year.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (May 25-31) 

The week in Armenia's financial market was influenced by the Central Bank's signals on financial stability, credit risks, and banking sector profitability. Capital market development and client protection issues were also in focus.

LATEST NEWS

spot_imgspot_imgspot_img