ArmInfo. The Armenian Ministry of Labor and Social Affairs has made it possible for pensioners to apply for a bank card online. Furthermore, the ministry promises to distribute bank cards to pensioners with limited mobility. This was announced by Minister of Labor and Social Affairs Arsen Torosyan on February 5 during a briefing, responding to a question from ArmInfo.
The minister recalled that, starting April 1, all payments in Armenia will be made exclusively by bank transfer. An online electronic system for issuing bank cards is already in operation, and 10,000 people use it monthly.
"For those citizens with mobility issues and unable to move independently, the government has developed a bill that will soon be adopted and will allow for the distribution of bank cards," Torosyan stated, noting the cashless payment bonuses in the form of cashback.
As a reminder, starting April 1, all payments in Armenia will be made exclusively by bank transfer. Starting in 2026, cashback for pensioners and those receiving benefits has increased from 12% to 20% on non-cash purchases (bank cards). Cashback can be received with any card (Visa, MasterCard, ArCa), but cards from the national payment system, ArCa, offer an additional and universal (not just for pensioners) 2% cashback (22%). In absolute terms, the 20% cashback cannot exceed 10,000 drams per month. For 2% cashback, this limit is 60,000 drams.
