VTB Bank (Armenia) first launches MasterCard PayPass non-contact payment cards in Armenia's banking market

PayPass's touchless payment technology is one of the most up-to-date, fast, affordable, and reliable way to make card payments throughout the world.

MasterCard PayPass non-contact card benefits are:

- Convenience. Non-contact card payments are simple, it is necessary to bring the card to the POS terminal, which is armed with non-contact technology, and the payment will take place in one second.

- Speed. Payments are made instantly, with a single touch to a POS terminal, without losing time to enter PIN code (in case of payments less than 10 000 AMD) without signatures, etc. By checking the amount of money in the cashier, you need to touch the POS terminal with the card and the payment is made.

- Security. The cardholder should not transfer the card to the cashier, that is, the cardholder fully controls the payment process, thereby protecting its card data and preventing possible fraud risk.

-Quality. Non-contact cards are rarely subjected to mechanical implications, and are therefore less depreciated.

MasterCard non-contact payment terminals are installed worldwide. At each store and service point where there is a PayPass logo (channel), customers can pay MasterCard PayPass non-contact card by touching the terminal.

VTB Bank (Armenia) informs that all MasterCard cards issued by the bank will be released by non-contact technology.

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