Instant money transfers soon available between Armenia and Georgia

Instant money transfers between Armenia and Georgia will soon become possible, reports the Telegram channel Economy of Armenia.

A corresponding memorandum was signed by the national payment system Arca, Bank of Georgia, and Ameriabank.

The document provides for the integration of the ArcaPay and Bank of Georgia systems, enabling cross‑border transfers in just seconds. A direct host-to-host connection between Arca and Georgian Card is also planned, allowing Arca cards to be serviced in Georgia.