ArmInfo.Ardshinbank offers instant payments in points of trade / services through contactless cards of Visa and MasterCard payment systems.
As the press service of the bank informs, non-contact cards can be both credit and debit. To make a payment, you just need to attach the card to the POS-terminal, not transferring it to the employee. The need to enter the PIN code is eliminated if the payment amount does not exceed 10 thousand AMD, which reduces the queues, improves the quality of service and ensures the security of the cardholder data. "Contactless cards, being an innovation in the Armenian market, became irreplaceable, because they prompted a high interest in themselves and won the trust of the customers in a short time. Ardshinbank issues contactless cards from 2017. Moreover, all POS-terminals of the Bank have the ability to service contactless cards>, - the source reads.
According to the 17th issue of the analytical review "Armenian Banks in the Card Business", prepared by IC ArmInfo, Ardshinbank is one of the five leaders in the total number of active cards - over 178 thousand units. on April 1, 2018. Moreover, according to the number of Visa and MasterCard cards, the bank holds the 2nd position, having 97.1 thousand and 74.5 thousand, respectively. In 2017, the total volume of plastic transactions on the bank's cards was about 148 billion drams (with an annual growth of 43.5%), and only in terms of ATM transactions is the position in TOP-3 - over 99 billion drams (with an annual growth of 39.8%). Ardshinbank has 155 ATMs and 380 own POS-terminals. Ardshinbank also issues international Visa and MasterCard simultaneously with local ArCa cards.
It should be noted that Ardshinbank was founded in 2003. The majority shareholders of Ardshinbank as of January 1, 2018 are Arins Group LLC (this is renamed the Business Investment Center LLC) with a 67.97% interest in the capital and 29.52% in the REGION Industrial and Financial Corporation CJSC. Ardshinbank is the second largest bank in Armenia, it has one of the largest retail chains, consisting of 64 branches. Ardshinbank is the only private institution in Armenia that has been assigned ratings of two international rating agencies (Moody's and Fitch) equal to Armenia's country rating.
