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Armenia creates its own national payment and settlement system

06.06.2019 19:06

Armenia creates its own national payment and settlement system

YEREVAN, June 6. /ARKA/. Armenia has created its own national payment and settlement system, called Stak Transfer, the Central Bank chairman Artur Javadyan said on June 5 in parliament.

According to him, the Stak Transfer national payment and settlement system will be launched in three months. The main goal of this project, he said, is to ensure security requirements. He said all commercial banks of Armenia are members of the new system.

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