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Armenia

AM · ARM · 051Asia-PacificAMD ֏18 methods

Revised · 5 sources

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Visa card turnover in Armenia grew 70% in 2024 to AMD 680.8 billion; Mastercard grew 88% to AMD 213.3 billion.

~2.3M
online population
~66%
banked adults
~30%
credit card population
MixMethodsBehaviourSourcesFacts

Payment mix

share of e-commerce spend

Methods in use

top 8 of 18 · by spend
All 18 methods in Armenia →

Checkout behaviour

IDram has over 1.5 million registered users and processed 55 million transactions in 2022, accepted at 14,000+ retail outlets and 1,000+ online stores.

In the first nine months of 2024, approximately 200,000 IDram users made QR payments totaling ~4 million transactions.

Facts
ISO 3166
AM · ARM · 051
Region
Asia-Pacific
Population
3.0M
Currency
AMD ֏
Banked adults
~66%
Methods live
18
Compare with
ChinaUnited StatesUnited KingdomJapan
Sources
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