The Armenia needs PayPal group hosted a meeting/discussion with representatives of sectors interested in full launch of PayPal in Armenia. Among those attending the meeting were Head of the Department of Information Technologies and Digitization at the Ministry of Transport, Communication and Information Technologies of the Republic of Armenia Arman Galstyan, member of Internet Society NGO Vahan Hovsepyan and representatives of e-commerce, IT, tourism, banking, public and charity sectors of Armenia who exchanged views and tried to identify the gaps and restrictions hindering full launch of PayPal.

According to moderator of the discussion entitled “Full Launch of PayPal in Armenia” Arman Malunts, the meeting was effective in terms of the development of a strategy on the future actions. “The participants of the discussion set aside the possible issues and proposed solutions. A task force will also be set up to make proposals for more clear-cut actions,” Malunts stated.

A couple of years ago, entrepreneurs running online businesses in Armenia told the relevant state bodies of Armenia about the need for full launch of PayPal. Over the past four years, Armenia’s government officials have made a couple of official inquiries for full launch of PayPal.

The new government has declared that it is determined to launch PayPal.