IDBank at the UBA Regional Conference: From Travel Solutions to Business Opportunities

IDBank participated in the latest regional conference of the Union of Banks of Armenia, held this time in Gyumri. The Bank's representatives presented solutions designed for travel and business financing, highlighting the opportunities they provide.

One of the presented solutions was IDBank’s Visa Wizz Air Platinum card, designed for both personal trips and business travel.

According to Arthur Kocharyan, Head of Sales Organization and Territorial Management Department at IDBank, the Bank aims to offer customers additional opportunities and privileges during their travels.

"The Visa Wizz Air Platinum card combines the benefits of Visa Premium with the advantages offered by Wizz Air. Cardholders can earn cashback on purchases, as well as take advantage of special offers from Wizz Discount Club," noted Arthur Kocharyan.

Another featured solution at the expo was the IDDistributor platform, which enables the automation of payments between suppliers and merchants, while ensuring access to additional financial resources.

Toros Davtyan, Leading SME Retail Network Development Manager at IDBank, emphasized the importance of providing access to working capital for regional businesses.

"IDDistributor creates new opportunities for collaboration between suppliers and merchants. Payments are made via QR code, and if needed, the merchant can utilize the Rocket Distributor credit line. As a result, the merchant can continue purchasing goods, the supplier receives the payment, and the consumer can buy the required products," noted Toros Davtyan.

Tigran Aghajanyan, Regional Team Coordinator of IDBank’s SME Retail Network Development Division, emphasized the importance of expanding the platform.

"Our goal is to expand the geographical scope and partner network of the IDDistributor platform, involving more suppliers and manufacturers both in Yerevan and across the regions of Armenia. This will enable a larger number of business entities to benefit from the cashless payment and financing tools offered by the platform," said Tigran Aghajanyan.

IDBank continues to develop financial and digital solutions tailored to the needs of various customer groups, making them more accessible in the regions as well.

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