Tue, 29 April
14.1 C
Yerevan
USD: 389.46 RUB: 4.73 EUR: 441.92 GEL: 141.70 GBP: 519.38
spot_img

Acba digital platform of Acba bank replenished with four new features (video)

YEREVAN, December 10. /ARKA/. Acba bank keeps on elaborating its acba digital platform. The bank’s press service said today that the platform’s new tool – acba share – has been enriched with four new features. From now on clients will not face any difficulties while using banking services: everything will be done from their smartphone in few minutes.

1. Money transfers via ATM

From now on cash can be withdrawn from Acba bank’s ATMs not only with bank card and NFC, but also with a code generated by acba digital platform. This feature can also be used for making money transfers within Armenia. The user generates a code through acba digital platform and sends it to the person who is to withdraw cash. By approaching an ATM and entering the code the user will cash out the funds.

The ATM transfer tool is provided for cases when, for example, the bank card is not in the possession of the client, but the amount needs to be cashed out. The only thing to do is to approach a bank’s ATM, generate a code through acba digital and cash out the amount. This  digital tool can be used 24/7 by physical persons and legal entities who are users of the acba digital platform.

2. Money transfers by contact

Users of acba digital can make money transfers in the acba ecosystem via phone number or e-mail. When specifying a phone number or an email address through the acba digital platform, the system displays the data of the recipient of the amount, after which it is only necessary to specify the amount and accumulate the transfer.

3. Money transfers by QR code

By means of acba digital a QR code is generated, after which it is only necessary to scan it in order to receive or transfer the amount. On acba digital platform it is necessary to specify the size of the amount and select the account number to which the amount should be transferred. The system will display a QR code. It is necessary to send it to the recipient. The latter, by selecting the option “Transfer by QR code” on the acba digital platform, scans the code and transfers the amount.

4. Money transfers by  link

The first and the only in Armenia: acba presents the trendiest option for receiving a money transfer. By means of acba digital it is necessary to mark the amount of the sum, the purpose, after which the system will provide a link which can be sent by any application or SMS. The recipient of the link will see the request for the amount. After reading, the latter will enter the data and the amount will be transferred in seconds.

This digital tool is convenient for freelancers who have previously had problems receiving sums from their customers from abroad. The link money transfer is also for charities to raise funds.

“We are discovering and introducing new digital tools that don’t exist in the digital space. We have created a new and modern toolkit that solves many problems existing in today’s financial market,” said Artur Karchikyan, Head of Remote and Digital Banking Services at Acba bank.

The details about these new digital tools are available on acba digital website.

The bank is controlled by the Central Bank of Armenia. -0-

spot_img

POPULAR

Armenia may access $25 mln from the IMF under the SBA agreement in June

An International Monetary Fund (IMF) team led by Iva Petrova visited Yerevan from March 31 to April 10, 2025, to conduct discussions for the fifth review under the Stand-By Arrangement (SBA) with Armenia.

Instruments for supporting SMEs in Armenia were discussed with bankers at the Ministry of Economy

Financial instruments for supporting small and medium-sized businesses (SMEs) were discussed by Deputy Minister of Economy of Armenia Lilia Sirakanyan and bank representatives.

Armenia ratifies EUR 10.1 million investment agreement with EIB on Yerevan’s Second Energy Efficiency Program

The Armenian Parliamentary Committee on Financial, Credit and Budgetary Affairs gave a positive conclusion at its meeting on Friday on the ratification of the agreement on the investment grant for the "Second Yerevan Energy Efficiency Program" in the amount of EUR 10.1 million.

In February, deposits in Armenian banks grew by 1%, loans decreased by 0.1% due to dram funds

In February 2025, deposits in Armenian commercial banks grew by 1% (MoM), while loans decreased by 0.1% (MoM), in both cases the changes were due to funds denominated in drams.

Euro exchange rate down 1 point, while US dollar and ruble up

The average market exchange rate of the U.S. dollar to the Armenian dram on April 25, 2025, rose by 0.77 points compared to April 23 and amounted to AMD 390.33.

LATEST NEWS

spot_imgspot_imgspot_img