News

In accordance with N 1256 resolution of RA Government dated 08.08.2024, from 1 September 2024, cashback will be calculated from the noncash transactions made by the beneficiaries who receive their pension or benefit with the cards issued by Armeconombank in the amount of 12% of the total of the transactions made, but not more than AMD 6,000 per month.

The refund is paid by the pensioner from cashless transactions made for the purchase of goods or services through POS-terminals by the pensioner via a pension card and is transferred to the social security account (card) of the beneficiaries every month until the 25th of the given month.

From 1 September, no cashback is calculated for payments for utility services.