ArmInfo.  Non-cash transactions have been steadily gaining ground in the Armenian plastic card market, increasing to 60.7% of the total by July 2026 (from 55.8% a  year ago), exceeding AMD 2.3 trillion ($6.3 billion) in absolute  terms in the first half of the year. This is evidenced by data from  the Central Bank of Armenia on transactions made in Armenia and  abroad using cards issued by Armenian banks.

ArmInfo.  By July 2026, the Armenian plastic card market will already have 5.5 million cards,  with annual growth accelerating from 15.1% to 20.2%. These are  primarily microprocessor cards with NFC chips - 4.8 million, or 87%  of the total number (versus 83.5% a year ago), with annual growth  remaining at 29%. According to data from the Central Bank of Armenia,  local Arca microprocessor cards with NFC chips have seen significant  annual growth.

ArmInfo.IDBank has expanded its card portfolio with the new Mastercard World card, created for those who value convenience not only in their everyday purchases but also while traveling.

ArmInfo. Ardshinbank, in partnership with Mastercard, is launching a cashback promotion for its cardholders.

ArmInfo.Ardshinbank, as a strong partner of Seaside Startup Summit Armenia 2026, will participate from July 26 to August 1 in one of the region’s largest startup and business events, presenting innovative financial solutions, digital services, and special offers aimed at the development of enterprises.

ArmInfo. Twelve banks have already joined the ArcaPay system, and eight have joined ArcaQR, with the majority participating in both, as stated by Vardan  Khachatryan, Chairman of the Management Board and Executive Director of Armenian Card, during a press conference He noted that banks are  currently in the integration phase for an additional ArcaPay function: B2B services for legal entities.

ArmInfo.The first co-badged Arca-UPI (UnionPay International, China UnionPay) cards will are set to launch  in Armenia within the next one to two months.  Additionally, accelerated efforts are underway to tokenize Arca cards for integration with Google Pay and Apple Pay services, as stated by  Vardan Khachatryan, Chairman of the Board and Executive Director of Armenian Card, during a press conference. He was responding to a  question from ArmInfo. 

ArmInfo. In the Armenian plastic card market, the launch of a cash-back program in 2026 has boosted the market penetration of Arca cards to 24–25% by June, as  stated Vardan Khachatryan, Chairman of the Board and Executive  Director of Armenian Card, during a press conference. 

ArmInfo. In the Armenian plastic card market, non-cash transactions are increasingly becoming the dominant payment method. By April 2026, their share in the total volume of transactions reached 62%, up from 56% a year earlier. In  absolute terms, this amounted to 1.2 trillion drams ($3.1 billion)  for the first quarter of 2026, according to data from the Central  Bank of Armenia.

ArmInfo.AraratBank and the From Simple to Simple financial literacy podcast have launched Simple Talks, a new collaborative series intended to make financial topics easier to understand through practical examples and clear explanations of financial concepts and terminology.

ArmInfo. On May 7, Visa, the global leader in digital payments, announced the appointment of Sergey Martinchuk as Senior Vice President and Regional Manager for Ukraine, Moldova, Southern and Eastern Europe, Central Asia, and the Caucasus. Based in Kyiv, Martinchuk will be responsible for Visa's operations and strategy in  17 countries, according to a Visa announcement.

ArmInfo. Ardshinbank has launched a new campaign with favorable terms for its Mastercard cardholders, expanding cashless payment opportunities.

ArmInfo. The 2% cashback program for purchases using ArCA cards, which launched on January 1, 2026, is being successfully implemented. RA Finance Minister Vahe Hovhannisyan announced this in a video address.

ArmInfo. AraratBank continues to support the treatment of children fighting cancer and malignant blood diseases through its ongoing collaboration with the foundation across various programs.

ArmInfo. In one way or another, Ameriabank is involved with every large-scale corporate project in Armenia

ArmInfo. Babken Tunyan, a member of the National Assembly of the Republic of Armenia from the ruling Civil Contract faction, denied rumors of a ban on cash payments starting March 1.

ArmInfo. In the Armenian plastic card market, cashless transactions have exceeded cash transactions, accounting for 56% of the total volume (compared to  52.3% in 2024, 51% in 2023, and 40% in 2022), totaling 4.2 trillion drams ($11 billion) in absolute terms, according to data from the  Central Bank of Armenia.

ArmInfo.Starting April 1, pensions and benefits in Armenia will be paid exclusively by bank  transfer, Minister of Labor and Social Affairs Arsen Torosyan reminded at a government meeting on February 19. "We ask all our pensioners and benefit recipients to independently choose a bank and receive a bank card by March 5," Torosyan said.

ArmInfo. As of January 1, 2026, Armenian plastic market had over 5 million cards, with the  annual growth decreasing from 16.3% to 15.8%. Meanwhile, microprocessing cards with NFC chips experienced a slowdown in growth from 32% to 25%, totaling 4.3 million, which accounts  85% of the total number of cards, according to data from the Central Bank of  Armenia.

ArmInfo.Ameriabank keeps expanding its branch network to be closer to clients in their communities. This time, the Bank has opened a new branch in the town of Artashat in the Ararat region. Artashat is Ameriabank’s 29^th branch and the first in the Ararat region.