View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
June 16, 2015updated 04 Apr 2017 4:02pm

ACBA-Credit Agricole Bank rolls out Visa paywWave contactless payments in Armenia

ACBA-Credit Agricole Bank and Visa have launched the Visa payWave issuance and acquiring program in Armenia.

By Verdict Staff

ACBA-Credit Agricole Bank and Visa have launched the Visa payWave issuance and acquiring program in Armenia.

Visa payWave contactless technology enables users to make payment simply tapping their card against a payment terminal without handing the card to the cashier.

It does not require a PIN or signature for payments under AMD10,000, the bank said.

The bank said that it will be offering a range of card products enabled with Visa payWave contactless technology – Visa Student, Visa Classic and Visa Gold cards.

The bank intends to install about 150 contactless terminals by end of 2015.

To launch the program, the bank has partnered with Oberthur Technologies and Ingenico.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International