ArmInfo. Menu.am Company offered Ameriabank to develop a new system of online payments. The special feature of this system is that the client needs to indicate his or her card data only once and then enjoy shopping without having to enter the card data again, the press-service of the bank informs.
According to the source Ameriabank ensured a high data security level for this solution by saving client payment card data only in the centralized processing center using Master Card Secure Code and Verified by Visa (VbV) security technologies.
This online payment possibility will greatly boost the development of companies intending to expand in online environment and wishing to enter international markets. For more details about the new system of online payment one should visit the bank's website and watch the video:
According to "Armenian Banks in Card Business" analytical review prepared by ArmInfo, Ameriabank enters top ten by the number of active cards-around 69 thousand as of April 1 2016, more than 70% of which are Visa cards. Besides local ArCa cards the Bank issues and services international Visa and MasterCard cards. The share of salary cards in total number of active cards is 64%. The bank has increased the number of active cards almost by 10% y-o-y mainly due to international MasterCard (44.5% growth) and Visa (12% growth). In terms of plastic transactions Ameriabank is among top five ensuring amount of 112 bln drams in 2015 (12% y-o-y growth), 68% of which are the share of ATM transactions. The bank holds the third place by the number of POS-terminals -951, and the 5th place by ATM network-112 ATMs. In five-year term (2011-2016) the total number of active cards of the bank increased almost 4-fold, particularly ArCa-2.5-fold, Visa-4.3-fold, MasterCard-2.5-fold, the amount of plastic transactions-4-fold, the amount of ATM transactions-2.3-fold, the number of own POS-terminals-by 670 and ATMs-by 43.
To note, Ameriabank is a universal bank providing investment, corporate and retail banking services. Its shareholders are Ameria Group CY Ltd (79.3%) and EBRD (20.7%).