Modification of License No. 1 Issued to Armenian Card Payment and Settlement Organization CJSC for Processing and Clearing of Payment Instruments and Payment and Settlement Documents

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On the Modification of License No. 1 Issued to “Armenian Card” Payment and Settlement Organization CJSC for the Processing and Clearing of Payment Instruments and Payment and Settlement Documents

2026-09-08

THE CENTRAL BANK OF THE REPUBLIC OF ARMENIA BOARD RESOLUTION

September 8, 2026; No. 240 A

On the Modification of License No. 1 Issued to “Armenian Card” Payment and Settlement Organization CJSC for the Processing and Clearing of Payment Instruments and Payment and Settlement Documents

In view of Article 2(3) and Article 20(“ki”) of the Republic of Armenia Law “On the Central Bank of the Republic of Armenia”; and

Pursuant to Article 20(7) of the Republic of Armenia Law “On Payment Systems and Payment and Settlement Organizations”; and Paragraph 76 of the Central Bank Regulation 17/01 “Procedure for Licensing the Payment and Settlement Organizations, Recordkeeping of Branch Offices; Manager Qualification, Appraisal of Professional Adequacy and Registration” as approved under the Republic of Armenia Central Bank Board Resolution No. 285-N, dated October 25, 2011; and

Whereas on August 3, 2026 and August 14, 2026 “Armenian Card” Payment and Settlement Organization CJSC submitted letters of request, together with relevant documents and supporting materials, to the Central Bank of the Republic of Armenia; and

Considering the conclusion issued by the Licensing and Supervision Committee of the Central Bank of the Republic of Armenia (Minutes No. 42, dated September 2, 2026),

the Board of the Central Bank of the Republic of Armenia

Enacts:

1. Modify License No. 1 issued to “Armenian Card” PSO CJSC for the processing and clearing of payment instruments and payment and settlement documents in connection with another business location added (18 Arshakunyats Ave., Yerevan, RA).
2. This resolution to take effect upon acknowledgment of its receipt by “Armenian Card” PSO CJSC, or on the day following its duly prescribed delivery to an authorized representative of “Armenian Card” PSO CJSC.

Armen Nurbekyan Deputy Governor, Central Bank of the Republic of Armenia
c. Yerevan

.