Friday, June 11 2010 16:26

ArmInfo. Converse Bank and ArCa payment system have introduced a new joint system ArCaDirect.

The press service of the bank told ArmInfo that Converse Bank is the only bank in Armenia to introduce the given system. The latter gives an opportunity to the bank clients to carry out card operations on-line as network debiting of card accounts (sending payment orders, converting into cash), currency exchange, redemption of credits, communal payments, card-to-card transfers, provision of the balance from the card accounts.

Thanks to ArCaDirect system, the ArCa, Visa and MasterCard holders of Converse Bank can present the card account number and efficiently carry out cash withdrawal or send payment orders, which are automatically reflected in the card account. When checking the card account balance at any place and time, citizens can immediately see the factual balance of the account.

According to the source, thanks to the ArCaDirect system, the citizens will shortly be able to carry out operations with card
accounts without presenting their cards.