Armenian Card to start issuing co-branded cards with MasterCard and  Union Pay international payment systems

ArmInfo.  The national payment system Armenian Card (ArCa) will soon start issuing  co-branded cards with the international payment systems MasterCard  and Union Pay. ArCa Technical Director Aghasi Vardanyan shared this  information during the session titled "ArCa as a Center of  Attraction" at the International PLUS Forum FinnoWay Armenia 2025.

He told that a memorandum had been signed on the topic, enabling the  further active development of the national payment system's card  market. "We still understand that cards that are only valid on the  local market are less attractive than international ones. We need to  comply with standards and allow our customers to use the same cards  abroad," Vardanyan clarified.

According to the technical director of Armenian Card,  the company is  working towards enhancing its capabilities to meet modern standards  and customer expectations, despite  not yet being on par with of  international payment systems.