YEREVAN, September 30. /ARKA/. About 27 thousand pensioners and recipients of benefits in Armenia used their bank cards in August 2022 to make non-cash payments and become eligible to 10% cashback, the Ministry of Labor and Social Affairs reported.
They were awarded about 80 million drams in cashback. Citizens who joined the government-designed scheme made 800 million drams worth transactions, up from 440 million drams in July.
ACBA Bank has also joined the scheme along with VTB Bank Armenia, Ardshinbank, Armbusinessbank. The cardholders of these banks are eligible to a refund of 10% of the total amount of transactions, but no more than 5000 drams a month.
The cashback scheme also applies to utility bills. ($1 – 405.93 AMD). -0-
