At a regional conference in Vanadzor, organized by the Union of Banks of Armenia, IDBank presented innovative solutions for the SME sector, aimed at simplifying access to finance and business development. Special attention was paid to government support programs and international instruments that allow entrepreneurs to expand their opportunities regardless of the region.

The digital platform IDDistributor, presented by Grigory Yolyan, Head of Trade Partnership Department, became a key element. The platform combines payment automation and access to working capital, providing secure cashless payments to suppliers, including enterprises from remote areas. Using QR codes and the IDBusiness Mobile application, retail outlets can pay for deliveries from their accounts or through the Rocket Distributor credit line, which increases financial flexibility and trade stability.

IDDistributor also reduces the risks associated with cash payments and takes another step towards a full-fledged cashless ecosystem in Armenia. According to bank representatives, the solution helps enterprises maintain supply continuity, avoid shortages of goods, and accelerates the digitalization of financial processes in the region.