Armenia seeks to resume accepting “Mir” cards, but the problem remains unresolved

YEREVAN, September 29. /ARKA/. Armenia is indeed looking to reinstate the capability to process payments via cards from the Russian Mir payment system, yet the media has inaccurately portrayed the circumstances, Lusine Gevorgyan, Chairperson of the Tourism Committee, told the ARKA news agency.

Previously, various media sources, referencing Gevorgyan, reported that Armenia had officially declared the forthcoming reintroduction of Mir cards and QR code technology for Russian tourists.

“Our banking system, in collaboration with our partners, is endeavoring to identify solutions to the payment system challenges faced by Russian and other tourists. Nevertheless, the Tourism Committee does not possess the authority to outline specific timelines or solutions to this issue. My statements were taken out of context. I intended to convey that our country is actively pursuing solutions, but this was misrepresented as a confirmation of the information. This is inaccurate,” Gevorgyan stated.

At present, the majority of Armenian banks do not support Mir cards, with only VTB Bank (Armenia) ATMs available for cash withdrawals. -0-

spot_img

POPULAR

Armenian banks’ investments in securities in the second quarter amounted to 1.92 trillion drams

The total volume of investments by Armenian commercial banks in securities as of the end of June 2026 amounted to 1,922,826,829 thousand drams.

“Unisport” Competes in the UEFA Futsal Champions League

Unisport Futsal Club, established with the sponsorship of Unibank, will host UEFA Futsal Champions League 2026/27 preliminary round matches in Yerevan on August 26, 27 and 29.

Armenia set to enhance development of its capital market, targeting large issuers and new investors

YEREVAN, August 20. /ARKA/. The Armenian government prioritizes diversifying funding sources and advancing the capital market to foster sustainable and productive economic growth.

Armenian dram weakened against the dollar and strengthened against the euro and ruble: Central Bank

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of August 24, 2026, increased by 0.22 points to 365.38 drams compared to August 21.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

LATEST NEWS

spot_imgspot_imgspot_img