Armenia’s Online Wallets

What are Online Wallets?

A digital wallet is also known as “e-Wallet” refers to an electronic device, online service, or software program that allows one party to make electronic transactions with another party bartering digital currency units for goods and services. Continue reading to learn more about Armenia’s online wallets!

Usage of Armenian Digital Wallets

Armenian digital wallets can be used to pay bills, pay online services(including taxi, gambling, gaming, and other services), send/receive money from international transfers, banking, send money to ARCA cards, and much more. Most shops also accept payment from these wallets by just scanning barcodes and paying them fast. In this way you can keep your money safe by travelling to Armenia!

Who Can Own Armenian Digital Wallet?

Anyone in the world can open these wallets, however, it is the process of verification that only people in Armenia can verify. Verifying the wallet will increase the limit and unlock more features. Verifying the wallet is different depending on the wallet company. If you are in Armenia you can verify any wallet by visiting one of their branches or verify them online.

For What Purposes Can I Use the Wallet Outside of Armenia?

If you have a house/apartment in Armenia, you can use these wallets to pay your bills online. You can also transfer money via these online wallets to friends and family, or even anyone who owns these wallets.

What are the Best Online Wallets of Armenia?

There are lots of Digital Wallets in Armenia, and more are getting created every day, however, it is recommended to use popular wallets. Some of these popular wallets are IDram, Telcell Wallet, and EasyPay. You can check the rating of each of the wallets under this paragraph.

IDram vs Telcell Wallet vs EasyPay

Ease of Use

100%

Uptime

95%

Website

60%

App

90%

Support

90%

Services

100%

Commissions

80%

Overall

87%

Ease of Use

80%

Uptime

40%

Website

0%

App

60%

Support

70%

Services

90%

Commissions

95%

Overall

62%

Ease of Use

50%

Uptime

90%

Website

0%

App

60%

Support

80%

Services

40%

Commissions

90%

Overall

58%

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