#PAYMENT
Yerevan Metro switches to single ticket system by end of October, abandoning payment with tokens
By the end of October 2024, the Yerevan Metro will completely switch to a single ticket payment system, abandoning tokens, acting director of the capital's metro Babken Sedrakyan said on Monday.Armenia's share in cross-border payments by sellers of Russian marketplaces in 2024 increased almost 4 times
The share of Belarus has almost tripled in the total volume of cross-border payments of sellers of Russian marketplaces in January-August 2024, according to a study of Modulbank and PRO Wildberries, Russian business daily Kommersant reported.Businesses affected by floods in northern Armenia will be granted deferment of loan payments
Agribusiness and food producers affected by floods in northern Armenia in late May will be granted deferment of loan payments, according to an agreement reached by the government with local commercial banks. The agreement was approved at today's Cabinet meeting.Some 545 business entities in Armenia failed to provide possibility of accepting non-cash payments worth 169.3 million drams
Armenian State Revenue Committee (N) conducted inspections of 1038 taxpayers, revealing that 545 taxpayers did not provide the possibility of accepting non-cash payments through payment cards.431 economic entities in Armenia violated law on non-cash transactions in February
Some 431 corporate taxpayers in Armenia were found in violation of the requirements of the law "On Non-Cash Transactions" in February this year, the press service of the State Revenue Committee reported.Armenian SRC reminds business entities of fines for non-cash payments (VIDEO)
Armenia’s State Revenue Committee (SRC) reminded today that business entities, which use cash register machines are obliged to ensure for customers the possibility of non-cash payments through payment cards in line with the law On Non-Cash Transactions.Armenian parliament approves bill exempting draft dodgers from criminal liability in return for hefty payments
Armenia's National Assembly on Tuesday approved in the first reading a draft law allowing male citizens over 27 years old who have not served in the armed forces to be exempted from criminal liability, stipulated by the current legislation, by paying a hefty amount of money.Head of Armenian company admits to evading AMD 413 million in taxes
The head of the Armenian company "P.F." LLC, which trades in coffee, vegetable oil, pasta and other food products, admitted to evading VAT and income tax totaling about AMD 413 million ($1 million) and fully restored the amount of unpaid tax and accrued fines after the Investigative Committee opened a criminal case on the matter.Families of missing Armenian servicemen to receive payments for two more months
The families of Armenian servicemen who went missing during the 44-day war in Nagorno-Karabakh in 2020 will continue receiving monthly payments, according to a decision approved by the government on Thursday.Birth rate stabilizes in Armenia
The number of families in Armenia with five or more children has grown by about 40% over the past five years, according to Anahit Galstyan, head of a department at the Ministry of Labor and Social Affairs, in charge of pensions and other social payments.Preschool teachers in Armenia will be able to receive additional payments after retraining
Preschool teachers in Armenia are given the opportunity to receive bonuses after having a retraining course, Tehmine Karakhanyan, a chief specialist at the Ministry of Education, Science, Culture and Sports, told a press conference on Tuesday.Visa tests large payments in USDC on Ethereum blockchain
Payment company Visa is seeking to build “muscle memory” around settlements, with plans to allow customers to convert digital assets to fiat currencies on its platform, according to a presentation from the company’s crypto division head at StarkWare Sessions 2023, reported Coin Telegraph.News 1 - 20 of 103
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