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Armenia

Top e-commerce industries
21.2%
Electronics
24%
Hobby & Leisure
16.7%
Fashion
Furniture & Homeware
Care Products
DIY
Grocery
Yerevan
Capital
2.9M
Population
GMT+4
Time Zone (GMT)
AMD
Currency
Armenian Dram
$5.4B
Transactions
value in 2030
21.6%
CAGR
of Digital Payments
during 2025-2030
during 2025-2030
Popularity of e-commerce payment methods
Extend your reach

Method
EasyPay
EasyPay
LPM Market Share
50% of population
Payments
Yes
Refunds
Yes - full refunds only
Type
E-wallet
Local Card Scheme
Users
1.5M+
Disbursements
No
No
Chargebacks
No
Authorization currency
AMD
Authorization
speed
speed
Instant
Recurring
No
No

Method
Telcell Wallet
Telcell Wallet
LPM Market Share
Payments
Yes
Refunds
Yes - full refunds only
Type
E-wallet
Local Card Scheme
Users
900K+
Disbursements
No
No
Chargebacks
No
Authorization currency
AMD
Authorization
speed
speed
Instant
Recurring
No
No