Monday, December 17 2018 13:56

ArmInfo. On the eve of the  New Year holidays, VTB Bank (Armenia), jointly with the Visa  international payment system, launched a new campaign ''profitable  purchases'' that encourages non-cash payments. According to the press  service of the bank, within the framework of this campaign, there is  a chance to become the owner of one of five lucky Visa cards of VTB  Bank (Armenia) with a balance of 1 million AMD each.

The campaign, which will last until March 10, 2019, can be attended  by both existing and potential cardholders making non-cash payments  on a debit and credit card  of Visa Bank VTB (Armenia). By  accumulating bonus points, cardholders will be able to win 5 Visa  cards with a balance of 1 million AMD each. Paying by VTB Bank  (Armenia) Visa debit and credit card in shopping centers and service  points of Armenia, as well as on the Internet, participants of the  campaign will receive points according to the following principle:  for each non-cash payment of 1,000 AMD. In particular, by paying with  a debit card - the cardholder gets 1 point, credit - 2 points.

According to the announcement, the draw will be held among 100  cardholders, who will make the largest number and volume of non-cash  payments by debit and credit cards.

One can get more detailed information about the conditions in the  nearest branches of VTB Bank (Armenia), on the official website of  the Bank at www.vtb.am or at the Bank's Contact Center at 87-87.

According to the 16th issue of the "Armenian Banks in the Card  Business" analytical review, prepared by ArmInfo News Agency, VTB  Bank (Armenia) holds the lead not only by the number of active cards,  both MasterCard and Visa, but also in terms of plastic transactions.  Thus, as of October 1, 2017, the Bank had almost 334 thousand cards,  of which over 181 thousand-MasterCard and about 153 thousand are  Visa. For the first 9 months of 2017, the volume of plastic  transactions via VTB Bank (Armenia) cards amounted to 181.2 billion  AMD, of which about 93% or 167.2 billion are ATM transactions. The  Bank managed to increase the volume of plastic transactions in y-o-y  terms by 13.5%, and ATM transactions - by 14%. Until 2013, VTB Bank  (Armenia) issued and serviced only international VISA cards, after  which since September of the same year, becoming a full member of the  international payment system MasterCard Worldwide, began issuing and  servicing Cirrus / Maestro and MasterCard cards, while serving also  local ArCa cards. VTB Bank (Armenia) has its own processing.

To note, VTB Bank (Armenia) CJSC became a member of the international  financial group VTB in April 2004. Currently, the second largest in  Russia, PJSC " VTB Bank " owns 100% of shares of VTB Bank (Armenia).  The bank traditionally ranks among the leaders of the banking system  of the Republic of Armenia by major indicators. The coverage of the  branch network of VTB Bank (Armenia) has 67 subdivisions with a  presence not only in the capital, but in all regions of the country.