Everything will depend on the credit card service conditions. Namely, on whether the bank charges interest for transfers. If yes, you will have to pay them. If not, you can pay using a QR code without overpaying. Sinara Bank does not charge interest for transfers from the DA credit card during the grace period. Therefore, our clients can pay through the SBP without interest. But if you use another credit card, you should study its terms before paying.
The most common situations:
The bank prohibits transfers from a credit card by phone number, although it is connected to the SBP - this has happened rarely lately, but there are still precedents.
Payment via QR code from a credit card is possible, but the bank armenia mobile database will charge interest and/or take a commission for the transfer – this is usually provided for in the terms of the agreement.
You can pay for purchases via QR code without commission or interest – usually within the interest-free period, as with other transfers.
Please note that some banks also set limits on interest-free transfers via the SBP. It makes sense to call the support service before going to the store and clarify whether you can pay for a purchase with a credit card using a QR code. A specialist will tell you about the conditions, possible interest accrual and payment of a commission, if such is provided for by the terms of the agreement.
If you are not sure that the transfer via SBP from a credit card will be free, pay for the purchase as usual. However, many sellers offer discounts and pleasant bonuses for payments via QR code. Therefore, it is still worth understanding the terms of service of your credit card by looking at the text of the agreement, or contact the bank's support service to clarify the information.
How to pay for a purchase with a credit card using a QR code
The principle is the same as when paying with a debit card. Algorithms may differ depending on the issuing bank and the payment acceptance features of a particular store, but the procedures are mostly similar.
How to pay for purchases using a QR code with a credit card:
Inform the cashier about your desire to make a payment via the SBP.
Get a QR code – usually it is provided in printed form or displayed on the screen of the payment terminal.