Drops is a new payment tool with new features and benefits - News | Ameriabank
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28Mar

Drops is a new payment tool with new features and benefits

28 Mar, 2017 | Press release, All | Return|

During a joint press conference with Ameriabank, "Drops" LLC presented a mobile application called "Drops", which enables individuals to make automated payments using payment cards on a daily schedule. With this new application, it is possible to ease the burden of the required annual or monthly payments, especially for large payments. The application enables the payer to automate payments from anywhere using a smartphone, tablet, saving time and avoiding the worry of delaying their payment. Making this mobile application available to the wider masses will help expand the scope of services provided in various sectors.

Ameriabank continues to support the development of online services and the process of introducing and promoting innovations in that direction, within the framework of cooperation with "Drops" it performs the process of receiving money from users' cards and transferring it to operators. The Bank ensures high security of online transactions through the use of VbV (Verified by VISA) and Secure Code technologies.

Through the "Drops" application, it is possible to make insurance payments, tuition fees, utility payments, communication service fees, loan repayments and fees for using a number of services, in particular, for using gyms, swimming pools, tourism and other fees. The scope of these services will be continuously expanded.

The application for legal entities receiving payments gives an opportunity to expand sales volumes by using a convenient and financially accessible tool, track the progress of payments, have regular, constant financial flows, quick cash flow, in many cases also collection of funds in the form of advance payments, and also generally avoid receiving payments late. :

The presented application is very flexible and also provides additional features, in particular, application users have the opportunity to change the daily frequency of payment to weekly or monthly intervals, stop the transaction at any time, etc.

The Drops mobile app can be downloaded for free from the App Store and Google Play.

The start of the presented service: from April 5.

"Drops" LLC is engaged in the development and implementation of technological development software solutions, tools. The company's goal is to provide Armenian consumers with the widest access to services and products through advanced technological solutions, one of which is the "Drops" mobile application. Several other innovative projects are currently under development and will soon be released to the general public.