ePrime Global Partners with Idram Payment System of Armenia, the Largest Internet Payment System in Armenia
LOS ANGELES, June 20, 2014 /PRNewswire/ — Idram, the largest Internet payment system in Armenia, has just partnered with ePrime Global to help U.S. merchants reach online shoppers in Armenia, a country located in the MENA (Middle East North-Africa) region, which is the leading e-commerce market in the world right now, alongside China and India.
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Idram enables users to shop online or pay using their computer or mobile phone (iOS/Android) for utilities, paying taxes and duties, repaying loans, purchasing plane tickets and more. Idram is the first company in Armenia that received permission to issue electronic money from the Central Bank.
ePrime Global is an e-commerce platform that bridges the gap between merchants and payment gateways worldwide; when merchants register for a free account at ePrime Global's web site, they are able to either use their existing online store or create a new one and select which regions they want to target to sell their products and services in- North America, Europe, Russia, Latin America, Asia, India, MENA, etc.
Currently, merchants who choose ePrime Global do not have to pay any monthly, minimum or set-up fees, they simply pay a low fee per transaction (%) which includes the regional business licenses, tax and currency management, customs fee management, shopping cart, localized payment options (so that consumers in that region can pay with the payment options they are familiar and comfortable using), marketing and more- ePrime is also promoting their online Marketplace, featuring merchants' products and services, which is being marketed globally, helping merchants to sell even more.
Narek Vardanyan, Head of Idram's Development Department, quoted about the partnership, "Our partnership with ePrime Global will give a birth to a number of innovative projects, which will be introduced to the market for the first time. Due to cooperation between Idram and ePrime Global, payment systems such as Google Wallet, Skrill, PayPal and many others will soon be available in Armenia.
"The partnership will make the conversion of Armenian electronic money with all foreign units a reality. Consumers will now have the opportunity of withdrawing their electronic currencies without any difficulties, which, prior to this, was a problem in Armenia. Access to leading international payment systems via ePrime Global's platform will make electronic money in Armenia much more flexible and more manageable. On its way to building an international business, Idram has found a reliable and professional partner in ePrime Global."
Arman Boudaghians, Chief Executive Officer of ePrime Global's MENA Division, stated, "MENA is the most dynamic region in global e-commerce right now, experiencing the most growth worldwide.
American merchants may be asking if they can enter into the MENA e-commerce market? The answer is yes, if they have the right partner… ePrime helps companies enter into the MENA market by providing all of the licenses, website and payment localization, as well as help with marketing and networking."
ePrime Global has recently been partnering with several large companies in the MENA region to help expand options for merchants seeking to sell in this lucrative market that has posed problems for merchants in the past due to Middle East Internet shopper's preferred "COD" payment method, or "Cash on Delivery." Again, ePrime is bridging the gap, helping bring more localized online payment options for merchants in the MENA region and beyond.
About ePrime Global:
ePrime Global ("ePrime") is an all-in-one global solution for online merchants, offering everything businesses need to sell online in the U.S. as well as 73 countries worldwide, including the ability to accept payments and integrated shopping cart, regional business licensing, tax and currency management, logistics, website and payment localization, marketing and public relations, online store set-up and payment data analytics for one low flat fee per transaction. No set-up fees, monthly or minimum transaction fees. Contact ePrime Global today at 1 (877) 607-0422 or go online to set-up an account at www.eprimeglobal.com.
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