Ameriabank and Orange Armenia launch online payment service for Orange subscribers

YEREVAN, November 27. / ARKA /. Ameriabank and Orange Armenia Telecom Company have announced today the launch of an online payment service designed for Orange Armenia subscribers.

The bank said in a press release that Orange Armenia subscribers can now use ArCa, MasterCard and Visa payment cards to pay their bills for all services. Online payments carried out through www.orangearmenia.am are immediately transferred to the subscriber's balance.

The bank said also that VbV (Verified by Visa) and SecureCode (3D Secure MasterCard) are used to provide a high level of security for on-line transactions.

Beniamin Tadevosyan, head of Ameriabank IT and automation, was quoted as saying that this joint program is another major step in the development of e-commerce in Armenia.

"To facilitate the payment of bills by using  ArCa, MasterCard and Visa cards through websites offering e-commerce, as well as for further service, we have developed a software tool vPOS (virtual terminal) that  can be installed on the site without the need for large-scale  programming and adjustment work,” he said.

Ameriabank is a universal bank providing investment, corporate and retail banking services in the form of a comprehensive package of banking solutions. It is the first investment bank in Armenia, providing a wide range of innovative banking services since 2007.  

The bank's assets as of September 30, 2014 amounted to 334 billion drams, a 6 percent rise as opposed to the beginning of the year, the liabilities stood at 293.2 billion drams, (up 6%), the capital stood at 40.9 billion drams (an increase of 5. 7%), its credits stood at 221.3 billion drams (up 19.55%), the liabilities to clients – at 206.3 billion drams (a growth of 21.4%). In the third quarter the bank earned 5.1 billion drams in profit, up from 4.6 billion drams earned in the third quarter of 2013. – 0-