Friday, January 30 2026 14:35
Alina Hovhannisyan

TeamPay first e-wallet in Armenia to offer one-step imID  identification

TeamPay first e-wallet in Armenia to offer one-step imID  identification

ArmInfo.TeamPay continues to introduce innovative and reliable digital solutions, promoting the development and accessibility of financial services in Armenia.

According to Team Group's press service, the company is the first  e-wallet on the market to integrate imID identification into its  system, providing users with a simple, secure, and internationally  compliant experience.

The introduction of imID identification allows users to identify  themselves using only a mobile phone number and a single PIN,  eliminating the need for multiple steps and additional data entry.  This allows users to quickly and securely identify themselves in one  step, without taking a selfie or entering additional data.

The collaboration between TeamPay and imID is not just a partnership  between two companies, but the logical continuation of a long  journey. "We are pleased to be the first e-wallet platform in Armenia  to implement this identification option, offering users a modern,  secure, and convenient solution," said TeamPay CEO Tigran Franyan.

With this collaboration, TeamPay is taking another step toward  creating a digital financial environment where security and user  convenience are harmoniously combined with cutting-edge technologies.

As a reminder, the Team Group of Companies comprises Team Telecom  Armenia, TeamPay, Team Systems, Team Solutions CJSC, Buy.am, Grand  Hotel Yerevan, TMW, Northern Terroir, Team Construct, Team Logistics,  and ServiceHUB, operating in telecommunications, IT, finance,  hospitality, and a number of other industries.

Team strives to stimulate the economy by offering products and  services that are accessible and applicable to everyone.