PrivatBank continues to innovate in Ukraine

PrivatBank, Ukraine’s largest commercial bank, has continued to innovate and deliver the most advanced services to the Ukrainian people.

In the last week, it was revealed that PrivatBank agreed to partnerships with international tech heavyweights Viber and Uber.

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Viber, one of the world’s most popular instant messengers, will work with PrivatBank to start reception of payments for their Viber Out service, which allows calls to mobile devices and landlines at a very low rate.

Head of Viber in Russia Evgeny Roshchupkin said, “We are pleased to provide Ukrainian Viber users for more services and we hope that through such partnerships with leading market players our audience in Ukraine – and now it is over 14 million people – will continue to grow.”

Deputy Chairman of PrivatBank Alexander Vityaz said, “"Localization of paid services popular messenger will allow Ukrainian users Viber to be in touch in any situation, both at home and abroad. Today you can directly refill your account in Privat24 Viber Out, and soon there will be more options in that direction.”

Viber provides services for more than 711 unique users in 193 countries all over the world.

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Uber, the world’s largest international taxi service, will partner with PrivatBank to integrate payment solutions to drivers, businessmen, and companies, regardless of which bank they are clients of.

The payments will be transferred through PrivatBank’s mobile payment system, Privat24.

A spokesman from PrivatBank said, “By late August clients of Privat24 mobile banking application would be able to order Uber taxi.”

The arrival of Uber in Ukraine means competition with taxi and private car services and will provide a necessary service to citizens in the large cities as well as jobs as drivers.

Kiev’s Mayor Vitali Klitschko said, “With the launch of Uber in Kyiv, those who are now familiar the company’s services in London, Paris and other cities will be able to move around our city in the same convenient way.”

PrivatBank’s partnerships with Viber and Uber, two tech titans, further demonstrate the Bank’s commitment to innovate and provide the Ukrainian people with the best technology and services available.