On September 30, the ArcaQR system was officially launched – an innovative solution that enables payments through QR codes with just one tap. 

The bank reports that this new system significantly simplifies everyday transactions and promotes the use of cashless payments.

From now on, Armeconombank customers can scan QR codes via the AEB Mobile app and make payments in a simple and fast way.

“For Armeconombank, joining the ArcaQR system is an important step toward offering our customers more convenient and modern payment solutions. I believe ArcaQR will ensure speed, comfort, and security in the digital environment for our customers,” said Vahe Ghazaryan, Deputy CEO of Armeconombank.

“Armeconombank continues to introduce innovative services that not only enhance the banking experience of its customers, but also contribute to the development of a cashless payment culture in the country,” the news release reads.