Almost all Armenian banks will stop servicing Russian Mir cards

YEREVAN, March 19. /ARKA/. Russian Business Consulting (RBC) news agency reports that almost all Armenian banks will stop servicing Russian Mir cards.

According to RBC, ATMs and POS-terminals of most Armenian banks will stop servicing cards of the Russian payment system “Mir” from March 30, 2024.

The exception is ATMs and POS-terminals of VTB Armenia Bank (a subsidiary of Russia’s VTB). 

This news was also confirmed by RBC’s source in the Russian payment market. A representative of the National Payment Card System (NPCS) noted that the Mir payment system does not limit its work with foreign partners. However, it is up to the banks of other countries to decide whether or not to accept Mir cards.

ARKA news agency applied to the Central Bank of Armenia and Armenian Card national payment system for a comment.-0-

spot_img

POPULAR

Euro, dollar, and ruble exchange rates against the Armenian dram have fallen: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, determined on the Armenian foreign exchange market as of July 23, 2026, fell by 0.94 points compared to July 22, to 365.95 drams.

“Golden Crown” has restricted money transfers from Russia to Armenia and several other countries

The "Golden Crown" payment system has restricted money transfers from Russia to Armenia, Georgia, Kazakhstan, and several other countries following the imposition of new EU sanctions, Russian media report.

Acba Bank to Support Armenian Exports

To support the development of local producers, promote Armenian exports to various countries worldwide, and enhance the competitiveness of Armenian businesses, Acba Bank is offering the best export factoring terms currently available in Armenia until September 30.

Armenia approves list of stock exchanges for application of new rules for taxation of bank dividends

At a meeting on Thursday, the Armenian government approved a list of stock exchanges whose listing status will be taken into account when applying a differentiated taxation system for dividends on bank shares.

Armbanks Weekly Digest: Key Events in Armenia’s Financial Market (July 13–19)

YEREVAN, July 20. /ARKA/. Key events of the past...

LATEST NEWS

spot_imgspot_imgspot_img