{"id":7531,"date":"2017-03-03T08:58:35","date_gmt":"2017-03-03T08:58:35","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=7531"},"modified":"2017-12-24T10:50:19","modified_gmt":"2017-12-24T10:50:19","slug":"mutual-service-of-russian-plastic-cards-the-world-and-armenian-arca-to-be-launched-in-2017","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/mutual-service-of-russian-plastic-cards-the-world-and-armenian-arca-to-be-launched-in-2017\/","title":{"rendered":"Mutual service of Russian plastic cards \u2018The World\u2019 and Armenian \u2018ArCa\u2019 to be launched in 2017"},"content":{"rendered":"

In summer 2016, Armenia\u2019s ArCa and Russia\u2019s The World signed a memorandum of understanding to serve each other\u2019s cards. The roadmap was signed in November 2016, with pilot implementation of the program expected to begin in August or September 2017. Moreover, Russia, Kazakhstan, Belarus and Armenia have signed an important international agreement in 2016 to cooperate\u00a0 with payment systems. Specifically, the parties agreed to: (1) cooperate with national payment card systems, (2) develop each country\u2019s national payment system, (3) implement common standards for all parties and (4) develop financial technologies.<\/p>\n

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