ArmInfo. A universal cashback system for non-cash transactions will be introduced in Armenia, Prime Minister Nikol Pashinyan announced on October 27 at budget hearings in parliament.
"All citizens will receive a 2% cashback for non-cash transactions," he said.
The Prime Minister noted that the cashback system for pensioners will also be continued and expanded to 20% of the total non-cash payment amount, up from the current 12%. Accordingly, the maximum cashback amount will be increased from 6,000 to 10,000 drams.
As a reminder, the cashback program for pensioners and beneficiaries paying with bank cards was extended in 2025. The program was launched in July 2022. The state provided a 10% cashback, up to 5,000 drams, to all pensioners who used their cards to purchase goods and services. Starting in October 2024, the cashback on non-cash purchases was increased to 12%, or up to 6,000 drams.
