About us

Alpha Processing is a software development company specialized in creating advanced embedded systems, payment and settlement platforms and currency exchange systems for Partners, who are ready to take online payments and other transactions to the next level. Over the past years, we have expanded our expertise to include the engineering and manufacturing of our own in-house produced payments and currency exchange kiosks. We founded Alpha Processing in 2013, in Yerevan, building it based on our own experience of 20+ years in creating innovative and successful software solutions and systems. Reflecting on the past years, we are proud to have come a long way and serve a growing number of Partners who are at the frontlines of the fintech sector in the region. We are constantly generating ideas, building new, future-ready systems and are excited to be serving our customers achieve their ever-changing technology goals!


We bring advanced and secure online payment and transaction solutions. Tailored solutions for 24/7 transaction services, from software to hardware.

Our expertise

Ideation

To make sure that our products meet the exact needs and expectations of our Partners, we take a strategic approach of turning an idea into a valuable product. Hence, we heavily engage with the client’s team in the early stages of our collaboration to be able to deliver a product that is both ground-breaking and caters the client’s precise business needs.

Leading-edge architecture

Taking into consideration all aspects of the business need and the technical requirements of the product, we create the concept of the software solution and design its architecture with its front-end and back-end sections, as well as the hardware. We are capable of taking on new challenges and have years of proven experience in creating software solutions that address new requirements and accommodate advanced technologies.

End-to-end software development

From developing a rapid prototype to MVP and to full-fledged platforms, we cover the entire software development lifecycle, including the final improvements of all modules, as well as QA and testing processes.

Hardware engineering

From developing a rapid prototype to MVP, we cover the entire product development lifecycle, including the final technical improvements and testing processes.

Our core team

Ashot Hovhannisyan

Ashot Hovhannisyan

Co-founder, CEO

Ashot is the co-founder of Alpha Processing, as well as its CEO. His 20+ years of experience as the mastermind and engineer of enterprise software solutions has resulted in the creation of some of the most complex and comprehensive systems, which are still successfully operating in the Armenian and international markets. An expert in computational mathematics and numerical methods, Ashot has graduated with honors from the Faculty of Applied Mathematics of Yerevan State University (MS). He is highly skilled in a wide stack of programming languages and frameworks.

Suren Stepanyan

Suren Stepanyan

Co-founder

Suren co-founded Alpha Processing with the vision of building innovative systems for the fintech sector. He is involved in the company’s growth, generation of new ideas, and implementation of new solutions. Suren has graduated with honors from the Faculty of Applied Mathematics of Yerevan State University (MS). Throughout his career of 30+ years, Suren has specialized both in the technology and business sectors. Over the past years, he has founded several companies providing fintech services and solutions. Currently, he is also the CEO of Alpha Invest, a company providing a variety of services for the fintech industry.

Artyom Mamyan

Artyom Mamyan

Chief engineer

As a Chief engineer at Alpha Processing, Artyom has been with our team since our first days and is leading our efforts in designing and producing hardware for monetary transactions and currency exchange. Artyom has graduated from the Faculty of Radiophysics and Electronics of Yerevan State University (MS). Artyom is also an experienced software engineer and equipment designer.

Karen Tonoyan

Karen Tonoyan

Software developer

Karen is a seasoned full-stack developer with an experience of 15+ years in the analysis, design, development, testing and support of sophisticated desktop and web-based applications. Karen comes with proven experience in finding solutions to the most complex tech problems. A graduate of the State Polytechnic University of Armenia, Karen focuses on creating and supporting large-scale software systems. He is highly proficient in working with a wide range of programming languages and frameworks.

Betty Panossian

Betty Panossian

Business development consultant

Betty comes with a 20+ years of impressive track record in resource generation and business development for a number of leading tech companies and NGOs. An expert in business communication, Betty has graduated with honors from the Yerevan State University, Faculty of Journalism. She has specialized in the design and end-to-end successful execution of holistic business development strategies, with an emphasis on identifying and capitalizing on opportunities that suit best to the specific growth stage of the company.

Arsen Abajyan

Arsen Abajyan

Software developer

Arsen is a senior full-stack developer with 8 years of experience in building scalable web applications with leading-edge technologies. A graduate of the National Polytechnic University of Armenia, Arsen joined the Alpha Processing team to build and maintain administrative panels that enable our products to offer advanced and secure online payments and other transaction solutions. Arsen is an expert in working with all major programming languages and frameworks.

Anna Mkrtchyan

Anna Mkrtchyan

UI/UX designer

As the senior UI/UX designer at Alpha Processing, Anna is behind the engaging user interfaces and the intuitive user experience offered by our products. A seasoned professional, Anna comes with six years of experience as a creative graphic and UI/UX designer and is skilled in using various design tools. She has graduated from the Armenian State Academy of Fine Arts and has also advanced her knowledge and skills through a number of professional trainings.

Our partners

Over the past years, we have proudly collaborated with Partners with whom we have accelerated the creation of payment systems that come with differentiating factors and have helped them stand out in the market.


Team Telecom UCom Viva-MTS IDBank IDram

What our partners say

IDBank

Our long-term collaboration with Alpha Processing has always resulted in the creation of innovative and digital solutions that are helping us get ahead of the game. We are pleased with the wide range of the Team’s capabilities and their deep expertise in developing software systems and solutions.

- Sergey Aralelyan, Digital Banking Director, Management Board Member

IDram

Since our inception, "Idram" payment system has been the leader in providing convenient and secure online and offline payments in Armenia. We have been able to ensure the smooth operation of our system thanks to our ongoing collaboration with Alpha Processing.

- Arsen Kdenian, CEO


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