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Areximbank-Gazprombank Group issues VISA chip cards

16.10.2012 15:40

Areximbank-Gazprombank Group issues VISA chip cards

YEREVAN, October 16. /ARKA/. Areximbank-Gazprombank group launched issuing VISA payment cards with a chip module, the bank told ARKA on Tuesday.

A micro-processing unit is installed into the card with a chip module. Due to this, such cards have more functional opportunities than magnetic stripe ones. Holders of cards with a chip module can keep more data on their cards, which are also really safe.

“Since September 2012 the bank has launched issuing MasterCard cards with chips, and now it’s time for VISA cards. Card issue is conducted within the current tariffs and conditions, without additional fees,” according to the source.

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