In February 2002, the Bank was the first in Armenia to become a full member of Visa International payment system.
In 2005, Areximbank became a full member of MasterCard International system.

The Bank issues VISA Gold, VISA Classic, VISA Business and VISA Electron, as well as MasterCard Gold, MasterCard Standard and Maestro cards for a period of one or two years.

Early in August 2008, the Bank's processing center was closed and migrated to the GAZPROMBANK central processing center. Its purpose was to expand the list of services rendered through payment cards.

"Areximbank-Gazprombank Group" CJSC implements salary projects which imply salary payments through international plastic cards.  The Bank extends overdrafts at 300% of employees' salary. Extension of credit limits to Bank customer-organizations via salary cards is performed only upon the signing of an agreement on cooperation between the Bank and Organization. The above mentioned agreement on cooperation specifies the terms of card issuance and servicing, terms of extending credit limits, particularly, annual interest rates, as well as the credit limits subject to the salary amount (100% and 300%) and grace period (40 days).

Bank cards issued to employees of Bank customer-organizations and non-customer-organizations may be used for providing them with credit limits.

"Areximbank-Gazprombank Group" CJSC's POS-terminals are installed at trading and servicing points and accept from customers as a means of payment VISA, MasterCard, ArCa (started Q4 2008) system cards.

Agreement on Issuing Payment Cards, Opening and Servicing Card Accounts (individuals and individual entrepreneurs)

Filing a Complaint about Transactions Conducted through Payment Cards

 Attention

If a Customer disagrees with the transactions reflected in the card account statement, he/she should turn to the Bank within 45 (forty five) days after the implementation of the transaction. The Customer may attach to his/her application any document supporting the size of the disputed transaction amount. In the case of absence of the Customer's objections to the transactions recorded in the account statement, all transactions will be deemed duly implemented. In the case the Customer submits his/her objections to the Bank later than expected, the Bank will not be liable for the transactions recorded in the account statement. The Bank will not be held liable for the Customer's late request for monthly account statement.

Disputed matters may be resolved through an electronic message received from VISA or MasterCard payment systems in response to the relevant inquiry, the hard copy of which will be provided by the Bank to the Customer. Upon the request of the Customer, the Bank will furnish him/her with a document certifying the authenticity of the transaction, along with application of a relevant commission fee charged by the Bank.

The amount of the transaction disputed by the Customer (authorized persons) will be entered to the card account at the amount confirmed by the data of VISA and MasterCard payment systems.

In the case the Parties fail to settle the dispute by means of negotiations, they should resolve it through court procedure in line with the RA legislation.

    Rules of Using Payment Cards

Useful Information

1.    In case of loss of card

2.    Payments Made against Goods and Services of Trading and Servicing Organizations  

3.    Cash Withdrawal through ATMs

4.    ATM Has "Seized" the Card

5.    Interruption to ATM's Operation

6.    Cash Withdrawal at Bank's Territorial Subdivisions

7.    What to Do in Case of Card Failure

8.    Why the Amount Larger than Expected is Withdrawn from Your Card Account

9.    If You or Your Authorized Person Disagree with the Transactions Recorded in Your Account Statement

10.  Other Useful Information