ArCa payment system resumes operations

Banks

YEREVAN, July 29: /ARKA/. The Armenian ArCa payment system has resumed normal operations, according to a statement from the company.

“As of 15:25, the ArCa system was fully operational again. Our technical team acted quickly to restore stability and functionality to the system,” the company said.

Due to a system failure recorded at 11:46 a.m., payments, money transfers, and other transactions were unavailable. The company reported that they were working to reequip and improve the system. -0-

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Due to the failure of ArCa,  Central Bank of Armenia recommends that people apply to banks for loan repayment.
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Armenia’s state budget had a deficit of 39.2 billion drams in the first half of the year, according to the Finance Ministry.
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