Ardshinbank issues first-in-Armenia ArCa-MIR payment card

Ardshinbank has become the first in Armenia to begin issuing the ArCa-MIR chip payment cards, which are  serviced in both Armenia and Russia. The main purpose the joint cards is to provide citizens of both countries with even more high-quality services, the development of non-cash payments and the expansion of national payment system card transactions.

On July 7, 2017, the Central Bank of Armenia included the Russian national system (MIR) into the register of active payment and settlement systems in Armenia and also gave permission for Armenia’s card payment and settlement organization to participate in the MIR system.