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From 01.08.23, a refund will be calculated in the amount of 10% of the sum of the transactions, but not more than AMD 5,000, from cashless transactions made by the beneficiaries who receive the pension or benefit with the cards issued by Armeconombank.

Refund- amount calculated from cashless transactions made  payments for the purchase of goods or services through POS-terminals with a pension card, as well as from payments made for utility services (gas, electricity, drinking water, fixed phone) through AEB Mobile/AEB Online systems during the accounting period.

The refunds are calculated by the bank from cashless transactions made during the previous month and are transferred to the social security account (card) each month till the 25^th day of the particular month.