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ArCaDirect newest system between "Converse Bank" and ArCa


"Converse Bank" CJSC continues updating and enhancing its operations system with the newest technologies, this time by introducing an unprecedented system in Armenia. "Converse Bank" is the only operating bank in Armenia that jointly with ArCa united payment system has installed a system called ArCaDirect. It gives opportunity to perform below mentioned card operations in online regime:

  1. network debiting card accounts (sending payment orders, cash withdrawal)
  2. foreign exchange, loan repayment, utility payments
  3. card to card transfers
  4. provision of card account balances.

Owing to installment of ArCaDirect system "Converse Bank" cardholders of ArCa, Visa/MasterCard payment cards can already withdraw cash from card accounts or send payment orders by directly presenting card account numbers in the bank which will be momentary reflected on card account. By viewing card account balance any time from any place citizens can immediately view factual balance of card accounts without any problem.

Moreover, please be informed that thanks to ArCaDirect system on upcoming days citizens can perform transactions with their card accounts without factual presenting cards.

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