On July 18, Idram Ltd has officially launched electronic money service in Armenia.

Idram Ltd became the first company in Armenia to have received permit to issue electronic money from the Central Bank on March 6, 2012.

“The service enables a range of online money operations including utility, tax & credit payments as well as e-shopping. One transaction is limited to AMD 200000,” the company director Gayane Stepanyan said.

Idram Ltd clients will get a free MasterCard for e-money savings.