Armenian Card CJSC introduces ArcaQR, a unified QR payment system enabling instant payments directly from bank accounts with a single scan.

Officially launching on September 30, ArcaQR simplifies daily payments, making them fast, easy, and accessible for everyone.

Users of banks participating in the ArcaQR system can log into their mobile banking app, scan the QR code, and make payments directly from any bank account.

“ArcaQR is another step toward fostering a cashless payment culture in Armenia. We are confident that QR payments will become part of everyday life – offering consumers convenience, businesses an easy and affordable payment option, and partner banks a way to increase mobile app engagement,” said Vardan Khachatryan, CEO of Armenian Card CJSC.

According to Tatevik Khachatryan, Deputy CEO of Evocabank, as a digital bank, joining the ArcaQR system is crucial for Evocabank, since developing the payments ecosystem is one of our strategic priorities: “We are confident that with ArcaQR, payments will become even more convenient, fast, and secure.”

“We are pleased to join the ArcaQR initiative, which marks an important step not only toward improving customer service but also ensuring balanced and sustainable growth across the entire system. Ameriabank consistently implements innovative solutions that promote cashless payments and enhance convenience for customers. We believe that a unified QR payment system will further expand digital payment adoption and improve customer experience,” said Arman Barseghyan, Retail Banking Director at Ameriabank.

Aram Baloyan, Director of the Retail Department at Converse Bank, noted that the bank prioritizes the development of bank account services and the Converse Mobile app as core digital channels:

“From this perspective, expanding and advancing payment tools and infrastructures in the market, as well as developing 24/7 services around national payment systems, is of great importance. We are proud to be among the first to join the new ArcaQR system and remain committed to broadening our digital services with alternative payment tools.”

“Adding the ArcaQR payment solution is a major achievement for the overall system. The more accessible Armenian Card’s national payment tools become to customers, the stronger the system’s stability and trust. We are pleased that AraratBank is part of this initiative, supporting its implementation and growth,” noted Mher Ananyan, Chairman of the Executive Board and CEO of AraratBank.

Vahe Ghazaryan, Deputy CEO of Armeconombank, said that for Armeconombank, joining the ArcaQR system is an important step toward offering simpler, more convenient, and modern payment solutions. 

“Innovation lies at the heart of our strategy – not only improving customer experience but also promoting a cashless payment culture. We believe ArcaQR will ensure speed, comfort, and security for our clients’ digital transactions,” Vahe Ghazaryan said.

“The creation of the ArcaQR system is a significant step in ensuring the continuity, security, and reliability of payment infrastructures. Ardshinbank highly values the launch of ArcaQR and is pleased to be part of the system, offering alternative and secure payment options to promote cashless culture, meet customers’ daily banking needs, and enhance their overall experience and service quality,” noted Mihran Muradyan, Member of the Executive Board and Director of SME Business at Ardshinbank CJSC.