Bank cards now accepted for travel on Yerevan’s public transport

YEREVAN, December 2. /ARKA/. Starting now, passengers can pay for travel on all buses, minibuses, and trolleybuses in Yerevan using bank cards, announced the city’s vice-mayor, Suren Grigoryan, at a meeting at the city hall on Monday.

According to him, this option is currently available only for physical cards issued by local banks, with no commission fee.

“Commissions will be paid by the payment company TelCell, which is implementing this program,” Grigoryan said.

He noted that in the coming days the system will be tested, any issues will be identified and addressed, after which card payments will also be available on the metro.

In turn, Mayor Tigran Avinyan added that it will be possible to pay for travel on ground public transport using a mobile phone, provided it has the NFC function.

In Yerevan, since November 1, payment on buses is only possible via QR codes or 100-dram coins (drivers are prohibited from accepting other cash or providing change).

spot_img

POPULAR

Fitch Ratings affirmed Armenia’s rating at ‘BB-‘, maintaining a positive outlook

International rating agency Fitch Ratings has affirmed Armenia's long-term foreign and local currency Issuer Default Ratings (IDRs) at 'BB-' with a Positive Outlook.

Unibank to Raffle a Trip to Italy

Unibank announces the launch of a special campaign, "More Opportunities with Unibank Mastercard World Travel Card."

Fitch: Armenia’s International Reserve Adequacy to Remain Below That of Similar-Rated Countries by 2028

Armenia's international foreign exchange reserves have reached a record high, but their sufficiency to cover the country's external needs in the medium term will remain below the average for countries with similar credit ratings, according to a report by the international rating agency Fitch Ratings.

Strong banks’ capital and liquidity positions mitigate risks to Armenia’s financial stability – Fitch

Risks to financial stability in Armenia are mitigated by banks' strong capital and liquidity positions, according to the international ratings agency Fitch Ratings.

Fitch Expects Central Bank of Armenia to Raise Refinancing Rate

International rating agency Fitch Ratings expects a temporary increase in the refinancing rate in Armenia.

LATEST NEWS

spot_imgspot_imgspot_img