Evocabank Introduced the Arca-UnionPay Co-Badged Card

The issuance of Arca-UnionPay co-badged cards has officially launched.

Arca-UnionPay co-badged cards were officially launched, and the first cards were presented in Armenia.

Evocabank is one of the exclusive banks issuing the Arca–UnionPay card, offering its clients a new payment solution operating simultaneously in Armenia and abroad. For local transactions made in Armenia using Evocabank's Arca-UnionPay card, customers receive 2% cashback, while outside Armenia, the card operates on the UnionPay international payment network, enabling card transactions in over 189 countries. Cardholders also have access to special offers and discounts provided by UnionPay.

During the event, Karen Yeghiazaryan, Chairman of the Management Board of Evocabank, spoke about the significance of issuing the new card and the Bank's approach to creating new opportunities for its customers.

"We are delighted to join this important collaboration, becoming one of the first banks in Armenia to issue the Arca UnionPay co-badged card. Evocabank's Arca UnionPay card combines the capabilities of two payment systems. ArCa is for everyday transactions in Armenia, and UnionPay for payments and international purchases outside Armenia. Thus, with a single card, customers can make their daily payments in Armenia while earning 2% cashback, and when abroad, benefit from a range of UnionPay features, as well as available offers and discounts.  We are confident that modern banking services are not just about offering new products. It is also about simplifying choice for the customer and creating solutions that fit their daily routine. The Arca-UnionPay card fits precisely into that logic! One card, broader opportunities," noted Karen Yeghiazaryan.

Evocabank's Arca-UnionPay card is designed for those who want to make daily purchases in Armenia using a single card, receive cashback, and make payments abroad with the exact same card.

More details and information about the card can be found here.