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About us

Idram Payment System operates in Armenia since 2004 providing convenience to customers for payments online and offline.

The system is operated by Idram LLC (State Registration Certificate), which was granted a license from the Central Bank on December 29, 2009 (License N13 for money transfers).

Idram was the first in Armenia to receive authorization from the Central Bank to issue electronic money in 2012.

Idram was granted a license on providing processing and clearing of payment instruments, payment and settlement documents according to the CBA Board’s decision on 31 March, 2016.

 

Idram aims to:

  • promote the usage of electronic money facilitating the development of e-commerce in Armenia
  • offer the customers the most convenient online tool for making fast and secure online payments
  • shorten the distance and time for executing local and international money transfers

 

Idram provides possibility to make online payments to more than 100 service providers.

Organizational structure

In 2012 Idram introduced the first Armenian mobile wallet, which immediately became the prefered online payment tool for thousands of customers.

Mobile application is available on iOS and Android platforms and can be downloaded for free.

Headquarters: 48/1 Nalbandyan str., Sakharov business centre, Yerevan 0010, Armenia, phone: 060 705 700, email: info@idram.am

IDBank joins the "Power of one dram" program
IDBank joins the "Power of one dram" initiative and becomes a strategic partner of the program. From now on, from any payment done through IDBanking.am online platform and IDBank terminals 1 AMD will be transferred to the program "Power of one dram". The entire amount of "one drams" gathered till August 23 will be use...
Power of one dram: new CSR program of Idram
"Power of one dram" is the CSR program of Idram, which has a mission to support the development of key and strategical sectors in Armenia; health, education, green economy, environmental protection, social responsibility and public security. Starting from June 5, 2020, Idram will be providing 1 AMD from its financial ...
Technical work
Dear users, from 05/06/2020 00:30 to 07:00 technical works will be carried out in the system, with which the transfers to the bank card fully and some services of the Banking partially will not be available during that period. The system will return to normal operation after 07:00. We apologize for any inconvenience.
Change of work schedule
Dear users, please be informed that from 02/06/20120 the customer service hall of the head office will be open from Monday to Friday from 10:00 to 16:00.