Proceedings of the International scientific and practical conference ―Synergy of Modern Science and Education‖ (February 2-4, 2026) / Publisher website: www.naukainfo.com. – New York, USA, 2026. - 324 p.

37 amount for a product or service immediately, with the condition of repaying it in installments later. This mechanism is one of the global banking trends, which is especially popular among young customers. The introduction of such solutions by banks allows them to quickly satisfy customer demand and keep them in cooperation. 14 of the banks offer digital cards, 12 of which are Visa cards, and the rest are MasterCard. Digital cards are another important innovation in the banking sector, which improves access to banking services. In addition, banks that issue digital cards also cooperate with Apple Pay and Google Pay electronic payment systems, offering to attach cards to the mentioned systems, which allows customers to make electronic payments without using a physical card. This also greatly contributes to the spread of digital payments and the adoption of new technologies among customers. Banks' cooperation with world-renowned payment systems Apple Pay and Google Pay is an important step in the field of digital financial solutions. For a more thorough analysis, we have presented below the number of virtual payment cards in circulation issued by Armenian banks. Figure 1. Number of virtual payment cards in circulation issued by Armenian banks, 2020-2024 [6]. 66 727 127 334 303 023 480 087 970 994 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4