Idram and Glovo Sign Memorandum of Cooperation in Barcelona

As part of Glovo Retail Media Day 2026, Idram and Glovo signed a memorandum of cooperation at Glovo’s headquarters in Barcelona. As part of the partnership, soon users will be able to make payments in the Glovo app through the Idram&IDBank app by selecting Idram as a payment method.

The collaboration aims to create a more convenient, fast, and secure digital experience for users in Armenia by combining the strong ecosystems of the two companies.

Within the framework of the new partnership, Idram users will gain access to special offers and exclusive benefits within the Glovo platform, while the two companies will regularly launch joint initiatives and campaigns designed to create more engaging and value-driven experiences for users.

According to Grigori Yolyan, Commercial Director of Idram, the partnership reflects the shared vision of both companies to create innovative and customer-focused digital experiences in Armenia.

“At Idram, we always strive to offer our users not only payment services, but also complete and value-driven experiences. It is especially important for us that such a major international partner, trusted by millions of users worldwide, has chosen to collaborate with Idram. Soon our users can select Idram as a payment option when making purchases in the Glovo app. This once again demonstrates that Armenia’s digital ecosystem continues to grow and can build valuable partnerships with global players,” said Grigori Yolyan.

Glovo also emphasized the strategic importance of the partnership for the Armenian market.

“At Glovo, we continuously look for ways to make our platform more accessible, convenient, and rewarding for our users. Partnering with Idram, one of the most trusted and widely used payment systems in Armenia, is a strategic step that will allow us to deliver even greater value to customers. We are excited to launch this collaboration and create meaningful benefits, exclusive campaigns, and seamless experiences for users across Armenia,” said Tamar Kojaoghlanian, General Manager of Glovo Armenia.

As part of the collaboration, the companies plan to implement a number of joint initiatives throughout the year aimed at improving customer experience and contributing to the development of digital services in Armenia.

IDRAM IS SUPERVISED BY THE CENTRAL BANK OF ARMENIA