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UniCredit Bank increases the amount of non-cash transactions

23.09.2014

UniCredit Bank continues to increase the number of non-cash transactions, improving the index for the first 8 months of 2014 by 43% - to 11 million transactions. The volume of transactions for the period increased by 43.8% - to UAH 2 billion.

To compare, in January-August 2014 around 13 million cash transactions were carried out, which together reached almost UAH 15.8 billion. Contactless payments are the most rapidly developing non-cash transactions in UniCredit Bank mainly thanks to the innovative and secure technology that allows to make purchases instantly, just by applying a payment card to display of the contactless reader at the check-desk or payment terminal.

Lyubomir Punchev, Director of Retail Division in UniCredit Bank, said: "UniCredit Bank always tries to follow the new trends in the era of advanced technology and innovations that have spread to all areas of modern life. That's why we offer our customers a wide range of banking services with innovative solutions for non-cash transactions, which make payments even faster and more convenient. During the first half the number of contactless transactions increased by 150%, while the volume of transactions increased by almost three times. And our special offers with the leading payment systems, such as "Pay by card and get full cart" are more and more encouraging our customers to choose the new types of payments."

According to the data of UniCredit Bank processing center, the bank's customers often use contactless cards to pay for goods and services in the retail chains of "KOSMO", "Velyka Kyshenya", "Velmart", "Silpo", "Billa", "MegaMarket", "Eco-Market", "Fora", retail network "Carrefour", as well as gas stations and McDonald's restaurant chain. Abroad contactless cards are used primarily in Poland, the Czech Republic, the UK, Spain and Georgia.

 

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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