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ArcaQR: Payments directly from a bank account

ArcaQR: Payments directly from a bank account

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.”

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