In the era of digital payments, payment cards remain an indispensable tool for financial transactions. But how are they created? Let’s dive into the fascinating world of payment card production and meet those behind their creation.
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Introduction Modern economies rely heavily on developed payment infrastructure. When people have reliable and convenient payment tools with low commissions, they actively use banking services, and transaction volumes grow. This leads to reduced shadow economy activities and increased consumer demand as banks can better assess credit risks. Payment Industry Transformation From Cash to Digital Payments Cash share in global point-of-sale…
AraratBank earned the distinguished Strong Partnership Award at the inaugural Visa Cashless Forum in Yerevan on November 22, acknowledging their long-standing productive collaboration with Visa on new project implementation. This exclusive international gathering united government representatives, leading Visa speakers, banking and finance professionals, and payment technology specialists. The event focused on essential topics including digital payment solutions, generative AI applications,…
