AMOUNT OF ELECTRONIC PAYMENTS THROUGH CBA PAYMENT SYSTEMS
GROWS BY 47.8% IN 2007 AS COMPARED WITH PREVIOUS YEAR
21-02-2008 18:00:00 | Armenia | Economy
YEREVAN, FEBRUARY 21, NOYAN TAPAN. Most of payments through
the payment systems of the Central Bank of Armenia (CBA) in 2007
were made through the electronic payment system. The electronic
payments of the system's participants made up 65.3% of the total
amount of payments and 96.3% of the total number on average.
According to the CBA press service, the amount of
electronic payments grew by 47.8% (1 trillion 855 bln drams or
over 5 bln 422.7 mln USD), while their number increased by 33.7%
(340,231 payments) as compared with 2006. The payments made by
commercial banks through the electronic payment system (without
transfers related to stock exchange operations) made up about
56% of the amount of transfers carried out by commercial banks
(growing by 442 bln drams), while their number made up nearly
99%.
The average daily number of money transfers through the
electronic payment system grew by 1,329 as compared with 2006
and made 5,273, while their amount increased by 7 bln 248 mln
drams to 22 bln 412 mln drams. The average daily amount of
transfers related to implementation of stock exchange operations
made 7 bln 115 mln drams.
The average amount of an electronic transfer through the
electronic payment system (without transfers related to
implementation of stock exchange operations) grew by 0.5 mln
drams as compared with 2006 and made 2.9 mln drams. The average
amount of transfers related to implementation of stock exchange
operations and carried out by commercial banks through the
electronic payment system made 225 mln drams, growing by 28 mln
drams.