Unified Payment System Armenian Cards (UPS ArCa) and UNDP are planning to introduce two more internet-based services: online card-to-card transfers and online card account management. The Ministry of Finance and Economy also plans to work with UNDP to introduce an online treasury depository system for the sale of state securities. As Gagik Khachatrian, head of the department for foreign ties and business development told «.am» PanARMENIAN.Net reporter, the online treasury depository system for the sale of state securities will be launched in September, 2005. According to him, it will be timely bargain, as some customer came to Yerevan from distant parts of Armenia to purchase the securities. Besides there is an agreement on creation of e-auction for the State Committee for the Obligatory Fulfillment of juridical acts of the Justice Minister carrying out permanent auctions of confiscated property. The system will be installed till the end of the year. The purpose of the auction is to make the conduction of the confiscated property sale more transparent. In the near future the cardholders will also have the opportunity to check their account, and carry out ordinary procedures, which today are available only by visiting a bank. Via www.arca.am website it will be easy to transfer financial flows from one account to another. The operation of rather simple and will take several minutes. "The system is actual, since it will contribute to the increase of the number of cardholders", Gagik Khachatrian noted. To remind, earlier ArCa launched the first E-Commerce System for online shopping in Armenia. The goal of the E-Commerce System is to increase the volume of purchases with plastic cards. The new service will help companies, organisations, banks, ministries and businesses to sell goods and services online in a convenient, fast and efficient manner. The System, which builds on the E-Payment System launched earlier this year by the CBA, UNDP and ArCa, has been designed in conformity with internationally accepted standards for secure and convenient transactions. Presently 100 thousand people are ArCa cardholders. 20% of them use E-Commerce system. It is interesting that men more often make e-bargains. During 7 months of 2005 they have performed operations to the sum of 37.2 million AMD. Bargains totaling in 4.6 million AMD were made by women. The age category varies form 23 up to 35. The total sum made 41.8 million AMD.