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Diners Club Payment System To Enter Armenian Market

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  • Diners Club Payment System To Enter Armenian Market

    DINERS CLUB PAYMENT SYSTEM TO ENTER ARMENIAN MARKET

    PanARMENIAN.Net
    February 21, 2012 - 14:48 AMT

    PanARMENIAN.Net - Leading international company Diners Club will
    enter the Armenian market of payment systems in two months, chairman
    of the Union of Banks of Armenia said.

    Following payment systems currently operate in Armenia: ArCa, Visa,
    Money Card and American Express.

    Summarizing outcomes of 2011, Ashot Osipyan noted that 30% growth
    was recorded in Armenian market of plastic cards in 2011 compared
    with 2010.

    According to the banker, 2011 also saw 39% and 25% increase in the
    number of POS terminals and ATMs.

    Established in 1950, Diners Club International became the first
    multi-purpose charge card in the world, launching a financial
    revolution in how consumers and companies pay for products and
    services. Today, Diners Club is a globally recognized brand serving
    the payment needs of select and affluent consumers, offering access to
    more than 450 airports lounges worldwide, and providing corporations
    and small business owners with a complete array of expense management
    solutions.

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