Procedure and conditions for providing cashback on transactions with ArCa cards

YEREVAN, January 5. /ARKA/. As of January 1, Armenia has launched a 2% cashback program for cashless payments made using ArCa payment system cards.

The Armenian Ministry of Finance has issued a reminder regarding the procedures and conditions for receiving cashback.

Cashback will be automatically credited to beneficiaries by the 25th of the following month.

This cashback applies to transactions exceeding 1,000 drams, with a cap of 6,000 drams per transaction and a total limit of 60,000 drams per month.

On December 25, the Armenian government sanctioned measures and procedures for offering cashback on cashless payments made by individuals through the Armenian Card (ArCa) national payment system. This initiative is designed to promote cashless transactions in Armenia and enhance consumer understanding of contemporary financial tools and technologies. The project will be piloted from January 1 until the end of 2026.-0-

spot_img

POPULAR

Armbanks Weekly Digest: key events of the financial market of Armenia (November 2–8)

Armenia's financial agenda last week focused on tightening monetary policy, regulating bank liquidity and discussing public debt parameters.

CUBE INVEST becomes the first investment company to list AMD 5 billion worth of bonds on AMX

An important precedent has been set in the Armenian capital market: for the first time, an investment company has listed its bonds on the Armenian Securities Exchange (AMX).

Net profit of Armenian credit institutions fell by 26.62% over the first 9 months, to 30.27 billion drams

The aggregate net profit of credit organizations in Armenia for the period from January to September 2026 totaled 30.27 billion drams, down 26.62% from the 41.26 billion drams recorded during the same period in 2025.

35% Discount for the 35th Anniversary on Selected IDBank Cards

IDBank continues its series of initiatives dedicated to its 35th anniversary. To mark this jubilee year, the Bank presents another profitable offer to its customers.

IDBank at the UBA Regional Conference: From Travel Solutions to Business Opportunities

IDBank participated in the latest regional conference of the Union of Banks of Armenia, held this time in Gyumri.

LATEST NEWS

spot_imgspot_imgspot_img