Number Of Deals Via Banking Cards Increases In Armenia

NUMBER OF DEALS VIA BANKING CARDS INCREASES IN ARMENIA

news.am
September 14, 2012 | 17:06

YEREVAN. – The number of banking card deals increased by 78 percent
in Armenia during the first six months of the year, head of the Union
of Banks of Armenia Ashot Osipyan told the journalists on Friday.

The main part of card deals, 76 percent, is realized via ATMs (AMD
313.3 billion, increase by 23 percent). Deals via POS terminals made
22 percent or AMD 909 billion (increase by 33 percent).

Cash transactions made over 10 percent from overall deals, while the
volumes of cash and banking card deals made AMD 373.1 billion and
39.9 billion respectively for the first half of this year.

Transaction deals increased for all banking cards, including ArCa (by
23 percent), Visa (by 30 percent), and MasterCard (by 43 percent). At
the same time, deals with other banking card types made AMD 31.2
billion.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

Direct link to this article: https://www.armenianclub.com/2012/09/15/number-of-deals-via-banking-cards-increases-in-armenia/

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS