May 18, 2010 - 10:55 AMT
Cashless payments in Armenia decreased by 12% in 2010 first quarter

Cashless payments through the Armenian banking system amounted to 2956bln in the first quarter of 2010, with 2100bln through the Central Bank’s payment system.

During the reported period, the amount of cashless payments decreased by 12%, while their number grew by 20%.

The average daily amount of money transfers through CB payment systems totaled AMD 33bln, which is AMD 9.3bln less than in the first quarter of 2009. At that, transfers for exchange transactions totaled AMD 148bln, the CBA press office said.