A new payment service on money starts in Ukraine
The new ON money payment service, launched by Visa and Raifsen Bank Aval, will allow issuing and servicing virtual payment cards without visiting the bank branch. Cards can be used to pay for goods and services using Apple Pay and G Pay Wallet, as well as over the Internet. Also, users will be able to get other banking services.
To start working with ON Money, just open Viber and see a public account of Raiffeisen Bank Aval. Registration and use of all services is possible in less than a minute. The service is already available to the bank’s more than 2 million existing customers and will soon be available to all.
Senior Vice President and Director, Visa Regional CIS and Southeast Europe
Each Viber user registered on the phone of a Ukrainian telecom operator can receive an ON Money payment card. In this case, the card becomes available for immediate use. Services are provided under the NBU license for the issue and maintenance of electronic money.
Paypal magazine help
On 28 April, the law came into force on “retaliation and retaliation for the legalization of criminally obtained results”, which would allow banks to identify and verify without the customer’s personal presence. For these purposes, regulators and participants in the financial market have developed new tools and methods for remote identification.
Read: Visa Introduces New Online Payment Program