It has been 3 months since IDBank’s “By Your Side” program was launched, for our compatriots forcibly displaced from Artsakh. IDBank allocates AMD 40,000 every month for 150 children who have become beneficiaries of the program.

The bank informs that from now on support will be provided to 42 beneficiary families through IDBank’s new loyalty digital currency - idcoin. It cannot be bought, exchanged or sold. Idcoin can only be received as a gift from IDBank or Idram.

According to Tatevik Vardevanyan, head of IDBank’s communication unit, idcoin is already available for the beneficiaries of the “By Your Side” program.

“They can see the idcoins in the Idram&IDBank application and spend them as they wish, in about 22,000 points of sale where there is an opportunity to pay with Idram QR, that is, to take care of both household issues and, for example, pay for the child’s courses, groups, educational materials and so on,” said Tatevik Vardevanyan.

It is noted that idcoin can be obtained within the framework of products, campaigns, and other loyalty programs, which can be found on the official website of IDBank. Detailed information will be published here regularly.

And shopping with idcoin is very simple: you just need to scan the QR code with the Idram&IDBank application and the system will offer idcoin among other payment sources.

Idcoin can also be used during combo payments. The system will automatically offer to pay with idcoin, and if the balance of idcoin is not enough, then the rest of the amount can be charged from your IDBank cards and accounts or Idram wallet, as well as from the bonuses and gift cards available on the Idplus loyalty platform.

The “By Your Side” program, as it was announced, will continue until the end of the year, and the beneficiaries, if they meet the conditions of the program, will not change during this period.

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