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Thursday, August 6 2020, 12:27
ArmInfo. In Armenia, the share of non-cash card transactions remained at the level of 30% in the total volume of plastic transactions by July 1, 2020. But the y-o-y growth
in the volume of non-cash card transactions slowed down from last
year's 48% to the current 38%, amounting by the results of the first
half of this year to 351 billion drams ($ 728 million). The
preservation of the share, despite the slowdown in volumes, is due to
the activity of Internet commerce, the popularization of mobile and
web applications by banks and Armenian Card, and such effective
measures to encourage non-cash transactions as CashBack. According to
the data of the Central Bank of the Republic of Armenia, five years
earlier (H1 of 2015), the share of non-cash transactions in the total
volume of plastic transactions was 12%, and by July 1, 2019 it had
reached 24%.
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Tuesday, August 4 2020, 13:11
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Friday, July 24 2020, 14:11
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