A new one-tap payment system using QR codes has been officially introduced in Armenia, marking a significant advancement in the country’s digital payment infrastructure. The system allows users to complete transactions quickly by scanning QR codes through their banking applications.
Financial institution customers can now utilize their mobile banking apps to scan QR codes and process payments in a streamlined manner that reduces transaction time and simplifies the payment process.
“This implementation represents our commitment to providing customers with advanced financial tools that combine efficiency with security,” stated a senior banking official. “We’re confident this system will deliver both convenience and protection for users in the digital payment space.”
The introduction of this technology represents the latest development in Armenia’s ongoing transition toward cashless payment methods. Financial institutions continue to roll out innovative services designed to modernize banking operations while encouraging the adoption of digital payment solutions among consumers.
The system’s launch comes as part of broader efforts to enhance financial technology infrastructure throughout the country, providing consumers with additional options for conducting everyday transactions without physical currency.
