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Activity Of Russian CONTACT And BLIZKO Payment Systems Canceled In A

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  • Activity Of Russian CONTACT And BLIZKO Payment Systems Canceled In A

    ACTIVITY OF RUSSIAN CONTACT AND BLIZKO PAYMENT SYSTEMS CANCELED IN ARMENIA

    news.am
    December 26, 2012 | 17:15

    YEREVAN. - The Central Bank of Armenia (CBA) cancelled the activity
    of two Russian settlement and payment systems, CONTACT and BLIZKO.

    According to the CBA press release, the Russlavbank, which is the
    settlement and payment system-operator for the CONTACT in Armenia
    without providing any explications has violated several points in
    the contract concluded with several Armenian banks and did not allow
    their access to the settlement and payment system.

    At the same time and based on the same reason, the CBA cancelled the
    activity of another Russian company BLIZKO, as the latter failed to
    preserve demands by the CBA since 2006.

    Earlier, the CBA has cancelled the activity of two other Russian
    companies, including the Migom and the Zolotaya Korona.

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