Armenian Card CJSC introduces the ArcaQR system - payments made with a single scan directly from a bank account.
Users of banks participating in the ArcaQR system will be able to log in to the bank’s mobile application, scan the QR, and make a payment from any bank account.
Armenian Card CJSC Executive Director Vardan Khachatryan noted: “ArcaQR is our next step in developing the culture of non-cash payments in Armenia. We are confident that QR payments will become a part of everyday life, offering convenience to consumers, simple and affordable payment options to businesses, and increasing the frequency of mobile application use for partner banks.”