Last update - 28.06.2017

Idram Payment System operates in Armenia since 2004 providing convenience to customers for payment realization via online and offline platforms.

The system is operated by Idram LLC, which was granted a license from RA Central Bank on December 29, 2009.

The Idram LLC was the first in Armenia to receive authorization from Central Bank to issue electronic money in 2012.
 
Strategic directions of the development of Idram payment systems can be summarized as follows:

• to promote and motivate the usage of electronic money impacting the development of e-commerce in Armenia

• to enable the customers to realize various online payments by creating convenient and wide used payment tool

• to improve money transfer opportunities to shorten the distance and time especially for processing of international money transfers
 
The website of Idram payment system is available in 3 languages and is providing possibility to process payment to more than 100 service providers.

Following its mission and goals in 2012 “Idram” LLC introduced the first Armenian mobile Wallet, which created great interest among the customers and became a convenient payment tool for many people.

Mobile application is available on iOS and Android platforms to be downloaded for free.