Idram cash registers launched at Yerevan City supermarkets

Idram payment system operator launched its own cash registers at Yerevan City supermarkets, Narek Vardanyan, Head of the Development Department of Idram LLC, said at today's press conference. 

He said that the Idram cash registers allow making financial transactions in one place without any time restrictions: these are international money transfers, utility payments, redemption of loans, and other financial operations. The cash registers operate every day until midnight.

"The internetization level of Armenia is still rather low, and Armenia badly needs a universal service of payment acceptance. The decision to launch cash registers at Yerevan City supermarkets is conditioned by the fact that they operate round the clock and have a wide geographical location, which will increase the availability of our services for the population", he said. Vardanyan added that similar cash registers will be launched at 8 municipal establishments of Yerevan. The total number of the Idram cash registers installed is 12, 4 of them - at Yerevan City supermarkets. The company is going to launch cash registers at all Yerevan City supermarkets and in the regions as well.

For his part, David Martirosyan, Head of the Marketing and Cards of the Yerevan City trade chain, said that when making use of the Idram cash register services, the holders of the Yerevan City bonus cards will receive a bonus from each payment. The cardholders may spend the accumulated bonuses on shopping.  One bonus is equal to 1 AMD. "From now on our customers have an opportunity to accumulate bonuses not only from purchase payment, but also from utility payments, money transfers and loan redemption", he said.

Idram LLC was founded on 8 May 2008. On 29 December 2009 the company was licensed by the Central Bank of Armenia to make money transfers, and on 3 March 2012 - to issue Idram e-money. The key directions of the activity are payment acceptance real-time and online, implementation of international money transfers, payments for utility and mobile services, redemption of loans, taxes and fines, insurance, e-commerce, exchange of online currency. The company cooperates with Coinstar, BLIZKO, Webmoney, Yandex.money, 2pay.ru. Idram provides and opportunity to make express payments via a PC or a mobile telephone connected to the Internet. The system has 60 thsd users, 6 thsd of them are active.