Success achieved in negotiations with TransferWise – Armenian Hi tech industry minister

YEREVAN, August 26. /ARKA/. Armenian High Technologies Industry Minister Hakob Arshakyan, speaking Wednesday at a press conference, said that negotiations with payments systems are under way now.


“Success has been achieved with TransferWise, which has already chosen a partner bank in Armenia and will start providing services very soon. It is a company that provides services similar to PayPal,” Arshakyan said.
He stressed that similar negotiations are underway also with two other companies, including PayPal.


TransferWise is a London-based online money transfer service founded in January 2011 by Estonians Kristo Käärmann and Taavet Hinrikus. The company supports more than 750 currency routes across the world including GBP, USD, EUR, AUD and CAD, and provides multi-currency accounts. -0-

spot_img

POPULAR

Pashinyan: Regional Situation Increases Inflation Risks in Armenia

Armenian Prime Minister Nikol Pashinyan commented on the correlation between pension increases and rising inflation.

Euro rose 3.82 points against the Armenian dram, while the dollar fell – Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 24, 2026, fell 0.06 points compared to March 23, to 377.32 drams.

Armenian insurance company Prime Insurance Brokers has received Lloyd’s Broker accreditation

Armenian insurance company Prime Insurance Brokers LLC has received accreditation as a Lloyd's broker.

Euro rose against the Armenian dram, while the dollar and ruble fell: Central Bank of Armenia

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of March 25, 2026, fell by 0.12 points compared to March 24, to 377.2 drams.

FINTECH360 International Conference to Bring Together 500 Participants in Yerevan

The FINTECH360 International Conference will bring together over 500 participants in Yerevan from April 27 to 29, welcoming senior industry executives from banks, money transfer companies, payment platforms, IT firms, and startups representing more than 30 countries.

LATEST NEWS

spot_imgspot_imgspot_img