According to the bank, in order to send money transfers customers need to fill in a form and indicate the phone number of the recipient. Transfers for depositing and withdrawing funds in Russian currency or USD can be sent and received both in Russian currency or USD in payment to the card of PrivatBank.
In recent news, PrivatBank has made available a new mobile POS offering for small business. The service allows allowing smartphone owners to accept credit card payments by scanning cards via a smartphone’s in-built camera using a dedicated application dubbed iPay.
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