Armenia creating national money transfer systemJanuary 15, 2022 - 13:38 AMT PanARMENIAN.Net - Armenia is creating a national money transfer system, Deputy Chairman of the Central Bank Vakhtang Abrahamyan has told Sputnik Armenia, revealing that the STAK Money Transfer system should start operating in the first quarter of 2022. The purpose of the system is to make money transfers without opening a bank account, both within Armenia and to other countries. In the future, the system will add the possibility of transferring to a bank account and an electronic wallet. STAK will enable users to receive transfers from any bank in Armenia will be connected to the system, with the ArCa payment processing system and other transfer systems operating in the republic also set to be connected to the new platform. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |