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Monument to Grigor Narekatsi to be erected in Vatican, Director of Holy See Press Office Federico Lombardi says

OSCE CiO Frank-Walter Steinmeier is expected to travel to South Caucasus

President Serzh Sargsyan and His Holiness Pope Francis had private meeting

Pope quotes Charents: Our turquoise sky, our clear waters, the flood of light, the summer sun and the proud winter borealis... our age-old stones ... our ancient etched books which have become a prayer

Charge pressed against commander of serviceman driven to suicide

Souvenir sheet and mini-sheet with four stamps dedicated to visit of Pope Francis to Armenia put into circulation

Zurabishvili: Ankara has always supported Tbilisi's aspirations including integration into NATO

Naira Zohrabyan: It is necessary to suppress Turkish fascism

Nino Burjanadze: It is absolutely unfavorable for Georgia to join NATO now

Situation around Nagorno-Karabakh is rather vulnerable, Ambassador Piotr Switalski says

Pope Francis arrives in Armenia

Central Valley Congressmen urge US to follow Pontiff's lead in reaffirming Armenian Genocide

Electricity price in Armenia to be reduced by 2.58 drams on Aug 1 2016

Eduard Sharmazanov sees generally positive tendency in Karabakh peace process

France-based committee for political prisoners in Armenia addresses Pope Francis over Zhirayr Sefilyan's detention

Vice Speaker of Armenian Parliament says Moscow reacted very strongly to Baku's attempt to distort situation around Karabakh

Senior advisor on Iran at the U.S. State Department says Armenia contributed to Iran's recent nuclear deal with the West

Nino Burjanadze sees no prerequisites for Saakashvili to return to power in Georgia

Armenian oppositionist MPs from Armenian National Congress Party visit Zhirayr Sefilyan at penitentiary

Russian Foreign Ministry against Azerbaijan's interpretations of results of St. Petersburg meeting

Tevan Poghosyan: Serzh Sargsyan left for Artsakh after Petersburg meeting in order to deliver "new information"

Nikol Pashinyan lodges a parliamentary request to Special Investigative Service and Police over Samvel Alexanyan case

Alekper Aliyev: Nothing can justify our protracted fratricidal war

Heritage Party recruits volunteers as members of electoral commissions and observers

PACE adopts resolution condemning situation with functioning of democratic institutions in Turkey

As many as 383 cars to be sold via auction

Stratfor: Russia's apparent objective is to shape Nagorno-Karabakh into a manageable crisis

Czech President Milos Zeman recommends that lawmakers discuss resolution denouncing Armenian genocide in Ottoman Turkey

ANCA: Pope's Visit to Armenian Genocide Memorial an Open Challenge to Turkey's Campaign of Denial

Pope Francis and President Serzh Sargsyan to make a joint statement in Yerevan

Pope Francis makes message ahead of his landmark visit to Armenia on June 24

Zhirayr Sefilyan arrested for two months

Armenia to officially apply to Pope Francis requesting to open Vatican's archives on Armenian Genocide

VivaCell-MTS fosters engineering education among schoolchildren

SCR CJSC urges to verify information and avoid unfounded allegations

Investigative Committee: Zhirayr Sefilyan faces charges under Article 235.2 of Armenian Criminal Code

Expert: Russia as a mediator succeeded in Nagorno-Karabakh conflict

Human rights activist: Sefilyan case is an act of political persecution

Some Beeline ADSL subscribers to have different Internet payment numbers

Chatham House: A full-blown renewal of the Nagorno-Karabakh conflict would jeopardize Russia's position in Azerbaijan and Turkey

David Babayan: Measures to create confidence-building mechanisms and atmosphere promoting peace talks launched

Russian Embassy in Armenia provided with radio frequency

Former US co-chair of OSCE Minsk Group thinks St. Petersburg meeting appears to have moved Karabakh conflict parties to safer and more stable situation

Expert: Meeting in St. Petersburg has brought Karabakh conflict to a new stage of "freezing"

Ivan Volynkin: Armenia's EEU membership has brought big dividends to country

Mother See of Holy Etchmiadzin confirms: Aram Ateshian not to arrive in Armenia

Azerbaijani Foreign Ministry representative blames Armenian foreign minister for "non-constructive and contradictory" statements

Zurabishvili: Reactivation of Abkhazian railway impossible any time soon

Azerbaijani armed forces use machine-guns on Line of Contact

Jean-Francois Charpentier: Rumors about difficulties in obtaining visas in French embassy do not correspond to the facts

Regional

mConverse, first mobile bank of Armenia, is a serious stimulus for development of e-commerce

  • by Erik Abrahamyan

  • Thursday, July 3, 22:23

 Converse Bank is launching mConverse, a new mobile application, which is a new page in the history of online payments and a serious stimulus for development of e-commerce in Armenia. The press service of the Bank has told ArmInfo that with the help of that service the customers will be able to manage their accounts, make money transfers, follow the currency quotation and pay for utility services. The software operates not only on Android and iOS-based smartphones, but also on a computer after registration. mConverse is based on DOOCAT designed and developed by Gallery Systems.        

The source says that the software enables the customers to pay for goods and services by only using a smartphone and mobile application. Trade centers will also be able to make use of the software by sending the payment orders to a customer's application. The payment orders can be sent to the customer's mobile telephone. A QR code will be generated in mConverse for each user. As soon as the buyer confirms the order, the funds will be transferred to the seller's account in Converse Bank. 

To recall, along with mConverse, the Bank also presented e-commerce products such as Visa Virtual Account and eCommerce at the annual Digital Business Forum in Yerevan on June 21-22. 

To note, "Converse Bank" CJSC was founded in 1993. The shareholders of the Bank are Advanced Global Investments (95%) and the Mother See of Holy Echmiadzin (5%). The Bank has 35 branches, with most of them being in the marzes.

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