Yerevan
Tbilisi
Moscow
Paris
Los Angeles
Beijing
English
Հայերեն Русский
Main Timeline Video Share
May the Holiday Warm Hearts: Idram and IDBank Support the Children of Heroes Beneficiaries of the "By Your Side" program at IDBank AraratBank Named Large CSR Company of the Year Idram Joins the Fight Against Food Insecurity Ucom’s Renovated Sales and Service Center in Yerevan Mall Reopens 1% idcoin instead of New Year’s suffering: practical tips Idram Junior Donated Books to Schools Big Christmas Market with Idram, IDBank and idplus Ucom Supports Wildlife Monitoring in Ararat Region IDBank, Idram, and idplus at the Big Christmas Market Converse Bank Deputy CEO and CFO, Grant Akopian, Elected to BACEE Board Ucom and SunChild NGO Install a Solar Plant in Alaverdi Kindergarten
Timeline
Khachaturian Rooftop Grand Opening Supported by IDBankUcom’s Sales and Service Center Reopens at 24/2 Shahumyan Street in Ararat Scholarship recipients of the “Armenian Virtuosos” Program participated in the Järvi Academy and Pärnu Music Festival in Estonia, representing Armenia on the international stageUcom Supports the Installation of a 15 kW Solar Power Plant at the Vayk Sports School New Financial Skills at the Davidbek Games: Idram&IDBankCashIn Services at AraratBank ATMs: Fast, Simple, and SecureUcom Sales and Service Center Reopens at 3/47 Yerevanyan Street in Yeghvard Up to 25% idcoin when purchasing Flyone flight tickets: Idram&IDBank Converse Bank Named Armenia’s Best Digital Bank for Consumers by EuromoneyUcom and Microsoft Innovation Center Help School Students Build Cybersecurity Skills Ucom Supports Installation of 10 kW Solar Plant in Shenavan, Lori Unibank to Raffle a Trip to ItalyCustomer Appreciation Day in Vanadzor: IDBankHaik Kazazyan to Perform Khachaturian’s Violin Concerto at the Closing Concert of the Madeira Classical Orchestra’s 2025/2026 SeasonMy Forest Armenia is a beneficiary of the "Power of One Dram" initiative in July Become a Unibank shareholder and benefit from an attractive investment opportunityIDBank warns of scam calls impersonating pension fundsA little corner of France in Hrazdan, with the partnership of Converse SME Idram is the general partner of the "Towards Conscious Parenting 2026" annual conference Polytechnic University Graduation Ceremony Held with the Support of Unibank
All Timeline »
Society

UPay has joined Idram's Open QR infrastructure

At a press conference held on September 23, Idram announced the opening of its QR infrastructure. On the same day, it was revealed that Upay has joined the Open QR system. Now, Upay users can scan and pay using the Idram QR code available at more than 22,500 points of sale through their applications.

Arsen Kdenyan, CEO of Idram, opened the press conference by welcoming the partners who have already joined the infrastructure. He shared that negotiations are ongoing with other financial system representatives, who will soon have the opportunity to join Idram's open QR. "This initiative benefits financial organizations by providing their users and customers with an alternative payment option at over 22,500 points of sale. Furthermore, users of these organizations can make contactless QR payments without needing to download additional applications," noted Arsen Kdenyan.

"We are pleased to join this initiative from Idram, considering our strategy focused on continuously enhancing the user experience with the Upay e-wallet. Fast and contactless payments have become a necessity today, and by participating in this project, we take another step towards providing our clients with convenient and accessible payment solutions. I believe that collaboration within the Open QR infrastructure will help create a new payment ecosystem in Armenia," noted Hasmik Gevorgyan, Director of Upay. ("Upay" company was founded by Ucom)

Albert Tunyan, Head of Idram's Key Account and Digital Payments Projects Unit, explained that, from a technical perspective, the process of joining Idram's open QR system is straightforward. It is facilitated through the use of modern and standardized APIs. "By infrastructure, we refer not only to the technical solution that enables users of other banks or payment organizations to scan Idram's QR codes using their applications. It also includes establishing partnerships, resolving technical issues, and creating customer support mechanisms," said Albert Tunyan.

Evocabank, Fast Shift, Upay, and Easy Pay have officially joined Idram's open QR infrastructure. Cooperation agreements were signed with these companies, marking their integration into the open QR system. Additionally, Idram has notified banks and settlement organizations operating in Armenia that they are open to further collaborations.

COMPANIES ARE SUPERVISED BY RA CBA