YEREVAN, August 18. /ARKA/. Russia and Armenia have completed a pilot project on the integration of their national payment systems, Russian Lenta.ru reported citing the National Payment Card System of Russia.

Armenia’s national payment system ArCa accepts now Russian Mir cards, while ArCa cards are accepted in Russia by VTB, Alfa Bank, Center-Invest and Uraltransbank banks.

VTB is the settlement bank of the Mir system for transactions between payment systems of the two countries. Only national currencies are used in the calculations.

Categories: Banks @en, General news, News, News of the hour, Новости | Comments Off on Russia and Armenia complete pilot project on integration of their payment systems

Tags: Armenia, INTEGRATION, payment systems, pilot project, Russia

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