2024-06-01 19:49:37
About 50,000 pensioners and beneficiaries made cashless transactions in October throughout the framework of the ten% pension and allowance refund program. the latter acquired a complete of 168 million drams in refunds for the transactions they made, the Ministry of Labor and Social Affairs of the Republic of Armenia informs.
The residents who joined this system made a non-cash turnover of greater than 1.8 billion drams over the past month.
The associate banks of the ten% compensation program are “VTB Armenia Financial institution”, “Ardshinbank”, “Haybusiness Financial institution”, “Akba Financial institution”. Cardholders of those banks will obtain a refund subsequent month within the quantity of 10% of the full quantity of transactions, however no more than 5,000 drams, in case of creating transactions with fee playing cards and fee acceptance gadgets at commerce factors and repair suppliers working within the territory of the Republic of Armenia.
The refund additionally applies to utility funds. the mechanism applies not solely to ATMs issuing the cardboard, but in addition to utility funds made via the financial institution’s digital (cellular banking) software.