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PJSC “Ukrsotsbank, UniCredit Bank™, to launch sales of cards with Visa PayWave innovative contactless technology

23.07.2013

PJSC "Ukrsotsbank", which operates under the UniCredit Bank trade mark, on 10th July 2013 started to sell high-tech cards with innovative technology of contactless payments - Visa Classic payWave and Visa Gold payWave.

Visa payWave technology allows making payments by putting card on the contactless reader device. In this case, the card shouldn’t be passed to the teller or be inserted into a payment terminal and it isn’t necessary to sign a receipt or enter a PIN code when transactions are up to UAH 200. Visa PayWave cards combine such main privileges as simplicity in usage, time-saving, security, universality.

Today Visa payWave cards are accepted at more than 500 sales and service enterprises in Ukraine, including supermarkets “Furshet”, “Sheremetyevskiy”, “Antoshka”, “Mega Antoshka”, in cafes network and McDonald's, Coffe Life, Aroma restaurants, in Baldinini, Guess, Levi's, OGGI, “BOMOND” stores, on Shell, Socar, Vesta, Odissey gas stations. Moreover, taking into account the functional match of Visa payWave cards and payment terminals over the world, Ukrainian Visa payWave cardholders can use its while traveling to more than 50 countries around the world.

Lyubov Syrovatskaya, Head of individuals of Retail Business Center in PJSC "Ukrsotsbank", UniCredit Bank™, commenting the new product noted: “We are constantly working to improve services and offers and we are happy to announce that we have already introduced another innovative product for our clients – Visa PayWave contactless payment cards. They are the newest payment cards, represented by Visa Classic PayWave and Visa Gold PayWave. Payment cards Visa PayWave allow paying for for goods and services with only one touch of the card to the special terminal.Personally I have already experienced all the benefits of contactless payment technology – time of payment is shortened significantly, there is no need to pass the card to the teller, which makes card payments even more secure, and the shopping becomes more pleasant.”

For more detailed information on Visa PayWave please follow the link.

 

NOTE

Ukrsotsbank is one of the largest universal banks of Ukraine, operating in the local market since 1990. The bank offers full range of services to individuals and corporate clients.

The renovated Ukrsotsbank emerged on 31 October 2016 as a result of strategic deal whereby 99.9% of Ukrsotsbank shares have been transferred from UniCredit Group to ABH Holdings S.A. (АВНН) in exchange for a minority 9.9% stake in ABHH. Thus, the bank has combined 26-year-old traditions of Ukrsotsbank’s client-centric attitude, European quality of service inherent to UniCredit, as well as international banking expertise of ABHH in a number of European countries including CIS. Thanks to the successful synthesis and synergy of the two assets of ABHH in Ukraine, Ukrsotsbank and Alfa-Bank, the banking market of Ukraine will see the rise of a new stronger financial institution. This, in turn, will spur up technological advance, increase efficiency, improve quality of service for the clients, reduce cost of banking services whereas their range will inevitably expand.

The extensive retail network of Ukrsotsbank consists of 237 branches, its headcount reaching nearly 5 thousand employees.


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