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.

ArmInfo.  AraratBank has been honored with Mastercard “Excellence in Strategic Marketing” Award, presented to the bank at an exclusive event summarizing Mastercard's achievements in 2025.

ArmInfo.The Central Bank of Armenia has set maximum commission fee limits for cashless payments made through physical POS terminals: 0.5% for ArCa cards and 0.9% for Visa and MC cards, as noted in a statement issued by the Central Bank of Armenia, which specified that these limits apply to  businesses with an annual turnover of up to 150 million drams.

ArmInfo.  President of Azerbaijan Ilham Aliyev received a delegation from the U.S. Chamber of Commerce, led by Husey Choksi, Senior Vice President for  International Member Relations, Middle East, and Turkey.

ArmInfo. The Armenian Ministry of Labor and Social Affairs has made it possible for pensioners to apply for a bank card online. Furthermore, the ministry promises to  distribute bank cards to pensioners with limited mobility. This was  announced by Minister of Labor and Social Affairs Arsen Torosyan on  February 5 during a briefing, responding to a question from ArmInfo.

ArmInfo.  New legislation on the taxation of the banking system will be developed in the near future, as stated by Babken Tunyan, deputy head of the Parliamentary  Committee on Economic Affairs and member of the ruling "Civil  Contract" faction, to reporters  on February 5, while addressing the  Central Bank's recent changes to non-cash payment commission limits.