Thu, 5 March
7.1 C
Yerevan
USD: 377.59 RUB: 4.82 EUR: 438.31 GEL: 138.06 GBP: 504.01

Armenian deputy prime minister commens on the need to switch to cashless payments as part of the fight against coronavirus

YEREVAN, March 30. /ARKA/. Speaking at a news conference today, Armenian Deputy Prime Minister Mher Grigoryan commented on the need to reduce cash flow in the country and switch to cashless payments as part of the fight against the spread of coronavirus.

“Of course, cash payments in this situation is a problem, but the question is how efficiently can we switch to non-cash payment, and not to change one cash instrument with a more dangerous cash analogue,” Grigoryan said.

The Deputy Prime Minister said the draft law on the reduction of cash turnover received conceptual approval, and, in his opinion, should be adopted quickly.

He said reducing cash turnover and moving to non-cash is a problem, but if events develop in such a way that the pace of this reduction will not be enough and cash circulation will become a threat, then the Central Bank will have something to think about.

The Union of Banks of Armenia called earlier on citizens to make non-cash payments as one of the measures to combat the spread of coronavirus.

From March 16 to April 14, a state of emergency is in force in Armenia. The goal is to curb the spread of coronavirus. On March 24, the government imposed stringent restrictions on the movement of citizens and banned some types of economic activity until March 31.

As of March 30, in Armenia, 482 confirmed cases of coronavirus were reported. Thirsty people recovered and three patients died. ($1 – 498.43 dram). –0–

spot_img

POPULAR

Data of approximately 10,000 pensioners will be automatically distributed among four Armenian banks – Minister

The data of approximately 10,000 pensioners in Armenia will be automatically distributed among four banks starting tomorrow, taking into account geographic accessibility, announced Minister of Labor and Social Affairs Arsen Torosyan.

Money scam: Central Bank warns of cases of fraud purporting to be carried out in its name

The Central Bank of Armenia has warned of cases of fraud in which criminals pose as regulator employees and urge citizens to transfer funds to other accounts.

How leaders build trust: ACBA Business Club

During the first ACBA Business Club of 2026, businessmen discussed the art of building trust and emotional management skills in the business environment.

Love Is… Card by Unibank – An Iconic Design and a Romantic Trip for Two to Paris

Unibank has launched a limited-edition series of bank cards featuring the Love Is… design — bright, instantly recognizable, and filled with warm nostalgia.

UBPay and MoneyTO Launch Money Transfers from Armenia to the UK

Clients of the Armenian payment system UBPay can now make money transfers from Armenia to the UK directly to recipients’ bank accounts.

LATEST NEWS

spot_imgspot_imgspot_img