It Is Known Why Armenian Banks Are Halting Services for Unistream System

Hayekonombank, Ardshinbank, Conversebank, and Evocabank have ceased servicing the Russian rapid payment system. Armenian banks have started to halt cooperation with the "Unistream" payment system, reports "Forbes," citing credit organizations.

According to the publication, several banks in Kyrgyzstan and Georgia have also discontinued their cooperation with the payment system.

It is noted that "Unistream" came under U.S. blocking sanctions on July 20.