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ICRC Yerevan Office holds negotiations to organize a meeting with Azeris detained in Armenian territory

Hakob Sanasaryan: Armenia has chosen the path of destroying its water resources

ICRC Yerevan Office maintains regular contacts with residents of borderline villages

Areximbank-Gazprombank Group's profit increases by 56.1% and capital grows to 21.9 bln AMD

Levon Ter-Petrosyan: the authorities of Armenia are going to replace the "carrot" of the PAP by the "stick"

Ankara has put forward a plan to form a free trade zone with the Customs Union

Ankara's wish to create free trade zone with Customs Union has a dim prospect for Armenia

Levon Ter-Petrosyan: The delay of Armenia's joining Eurasian Economic Union is conditioned by the demand of the EAEU to set a check point at the border to Nagornyy Karabakh

Levon Ter-Petrosyan: The reaction of the Armenian party at the Azerbaijani invasions is quite guarded and inadequate

Sharmazanov to Ter-Petrosyan: It is unacceptable to speculate the Karabakh issue for the political goals

The Golden Apricot Yerevan 11th International Film Festival has come to its end, the official website reports

Rostelecom services available in the center of Yerevan

RESO Insurance Company compensates for hailstorm-caused damage

Customer of VTB Bank (Armenia) wins a Peugeot 107 AT under a joint campaign with MasterCard

1005 residents of Nagorno-Karabakh sign an address on immediate release of Armenian businessman Levon Hayrapetyan

Ardshininvestbank cuts lombard credit and Nur Card Express rates

Nagorno-Karabakh Prosecutor General's Office: Smbat Tsakanyan was kidnapped and killed by Azeri saboteurs

Beeline and NURCARD launch new postpaid tariff plans

ACBA-Credit Agricole Bank's terminals switch to round-the-clock regime

Preparliament: Verdict against Volodya Avetisyan is the authorities' cynical gauntlet thrown against the Armenian society

Suren Babayan intends to shoot a new trilogy

Armen Martirosyan: Levon Hayrapetyan's arrest has either Azerbaijani or Armenian trace

Raffi Hovannisian: Arrest of Levon Hayrapetyan is politically motivated

Air Armenia leases Airbus 320

On July 20 Air Armenia will start flying to Moscow three times a day

Ivan Volynkin: Russia is not instigating anybody in Nagorno- Karabakh conflict

Armenia's Foreign Ministry: No Armenian citizens on board of the Malaysia Airlines passenger plane Boeing 777 that crashed in Ukraine

Armenia's Foreign Ministry: No Armenian citizens on board of the Malaysia Airlines passenger plane Boeing 777 that crashed in Ukraine

After arrest Levon Hayrapetyan's health condition has got worse

After arrest Levon Hayrapetyan's health condition has got worse

Armenia's Foreign Ministry gets more specific information about availability of Armenian citizens on board of the Malaysia Airlines passenger plane that crashed

A soldier of the NKR Defense Army dies

Nagorno-Karabakh war veteran: Armenian authorities will not get away with their unfair verdict against Volodya Avetisyan

Net profit of Ardshininvestbank amounts to AMD 2.8 billion outperforming last year's result by 36.2%

Head of Union of Armenians of Russia does not believe Levon Hayrapetyan's privity to economic crimes

Head of Region Research Center in Armenia Laura Baghdasaryan considers Azerbaijan's accusations against her to be nonsense

Economy Minister: US sanctions against Russian companies may negatively affect Armenia's economy

Independent experts of Armenia think the Levon Hayrapetyan case has nothing to do with the personality of ex-president of Armenia

Light industry in Armenia is desolate but not hopeless

The captured Azerbaijani raider used to often visit Karvachar

Traian Hristea: Armenia-EU relations are at the stage of reflections

Seyran Ohanyan: The Armenian party will mine all possible ways of penetration from Azerbaijan to Karvachar

Azerbaijani secret services again say about the "criminal" link of Mirkadyrov with Armenia

MYTHS ABOUT THE ASSOCIATION AGREEMENT

Spokesman of Armenia's DM: Armenia's response to murder of Smbat Tsakanyan will not be long

Beeline announces a contest for best update for My Beeline Armenia application

Since 2011 National Mortgage Company has placed 11 issues of bonds in an amount more than 10 billion AMD

ARARATBANK attracts $10 million from OFID for SME crediting

11th Issue of Corporate Bonds By National Mortgage Company Listed at NASDAQ OMX Armenia

Regional

Saakashvili's Party States it is Important to Conduct the Second Round of Elections till July 19

Historical Changes Have Occurred in Georgia - President

Israeli Minister of Agriculture is Paying Official Visit to Georgia

Power Restrictions Imposed in Tbilisi since June 23, 2014

Ramadan begins on June 29

Azerbaijan's democratic forces calling for the Association with the EU

Georgian MFA Responds to U.S. Embassy's Statement, Connected with Incidents during Election Campaign

Georgian Ambassador Demands Explanations from Turkish MFA

Georgian Citizens Abroad not to Participate in Local Elections

Georgian President Delegates Prime Minister to Sign Associated Agreement

Georgian Leadership Welcomes Presidential Elections in Ukraine

We do not Need Saakashvili's Type Mediators in our Relations with Ukraine - Lavrov

Caucasian Muslims Department (CMD) opens an office in Iran, next will be Saudi Arabia

Poroshenko States he Has not Offered Georgian Ex-President Mikheil Saakashvili Adviser's Post

Russia not to Punish Georgia for Signing Associated Agreement with EU-Kosachev

James Appathurai Writes about Georgia in his Page in Facebook

Blogger Abdul Abilov sentenced to five and a half years

Vugar Aliyev committed to strengthening the responsibility of Internet resources

Civil society urges Aliyev to defend democracy

Georgian Defence Minister Hosts Lieutenant General Donald Campbell

Georgia Condoles to Nigeria over Death of People as a Result of Terrorist Attack

Georgian Foreign Minister Holds Meetings in Brussels

EC and Georgia Make Joint Statement

Baku hosts International Exhibition of Agriculture and Food Industry

Ilham Aliyev received Secretary General of Council of Europe

Idram online payment system thinks that it does not mislead its users

  • by Emmanuil Mkrtchyan

  • Tuesday, April 1, 10:27

ArmInfo News Agency has received Idram online payment system's reply to ArmInfo's Feb 25 publication "Idram online payment system misleading users gaining extra profits from artificially created difference in rates of exchange". The company demands refuting that article and, to all appearances, it is partly right.   

Indeed, ArmInfo's criticism against Idram's exchange rate policy has turned out to be misdirected and Idram has nothing to do with it. ArmInfo regrets its mistake, because the immense difference (over 15%) in the exchange rates concerns another company - Uchange Network, which proves to have no legal relations with Idram but to be its good partner. Moreover, these partner relations have proved to be so strong that Idram has not only stated our confusion in its refutation letter but has also decided to thoroughly tackle with the issues of ArmInfo analysts' financial competence by explaining the most elementary but rather disputable truths. Nevertheless, ArmInfo would like to mention that the confusion between the two companies was not accidental, because the online support of Uchange is carried out directly by Idram employees only. Probably, one should have extensive psychic powers to understand that these two companies are different legal entities, because the website contains no information about the Uchange Network, except for the advantages this online platform provides its users with. 

ArmInfo would totally refute its article without any problems, because truth is born of arguments, but the agency doesn't think it necessary, as it is unreasonable to publish one company's refutation of the true-to-fact criticism against another company. Nor does it think correct to publish "refutation" with the following headline "Electronic and spot exchange rates cannot coincide". The author of the article did not claim the opposite, that's for sure. 

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