Users
538KArCa Card connects customers of Armenian banks to a domestic card-payment network. Issuers offer account-funded and selected prepaid or credit variants, with local merchant purchases, ATM access and other functions depending on the card programme rather than a single uniform product.
Use cases:
Channels:
Initiation:
Markets
1TPV
$158MTransactions
8.4MEstimated Monthly Usage, Aurato Research, October 2026
Capabilities
Initiation & Authentication
Funding & Requirements
Processing & Settlement
Transaction Management
Refunds & Disputes
Additional native capabilities
Markets
Estimated Monthly Usage, Aurato Research, October 2026
PSPs
No PSP implementations have been mapped for this method yet.
Schemes
Compliance
Regulator
Central Bank of Armenia



