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Telcell Wallet

Telcell was the first company in Armenia to create an extensive network of self-service payment terminals, launching in 2007 and quickly expanding across all regions.

Method
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
Instant
Recurring
No
No
Notify when available

Reasons for Popularity

Comprehensive Ecosystem: The company offers a wide range of services, including utility bill payments, money transfers, card-to-card transfers, online payments, QR code payments, and digital Visa cards

Extensive Network: With over 4,500 terminals and partnerships with more than 600 service providers, Telcell covers almost every corner of Armenia, including Artsakh

Integration with Public Transport: Telcell’s collaboration with Yerevan Municipality has enabled the purchase of public transport QR tickets via the Telcell Wallet app and terminals

Innovative Loyalty Program: The BON points system rewards users for transactions and activities within the app, which can be exchanged for products and services in the BON Market