By the decision of the Board of the Central Bank of Armenia, Aram Azatyan has been registered as the Director of Finbox payment and settlement company.

Finbox is Armenia’s first and only independent ATM network that provides customers with cash withdrawal services using ArCa, Visa, and Mastercard cards. Through Finbox ATMs, individuals and legal entities can also top up their current and card accounts with bundles of cash (bulk cash-in). This technology allows up to 200 banknotes of different denominations to be deposited in a single transaction.

Finbox Pro ATMs are certified by the ArCa processing center and have received licenses from the Visa and Mastercard payment systems.

Finbox offers banks an “ATM as a Service” (ATMaaS) solution, which involves full outsourcing of cash services (Cash-in/Cash-out). 

The company plans to install more than 200 ATMs by the end of 2027.

“I am delighted to introduce our new project. Finbox is the first independent ATM network in Armenia, aiming to create a centralized and efficient system for cash circulation management. We are transforming the traditional model of ATM infrastructure operation and offering an ATMaaS solution that fully relieves banks of costly investments and significantly reduces operating expenses,” noted Aram Azatyan, Founder and CEO of Finbox.

Finbox CJSC is supervised by the Central Bank of Armenia.