News of the Bank

PRAVEX-BANK acquiring network increased up to 36%

In accordance with the work of 2007 PRAVEX-BANK shows considerable increase of indexes of acquiring network. Thus, total turnover of Bank's acquiring network for the last year exceeded UAH 107,5 m., which in consequence exceeds the index for 2006 by UAH 32 m. or by 42%. Bank's acquiring network for the last year increased by 36% and for today counts about 500 trade POS-terminals.

Such results are reached due to popularization of settlements by plastic cards both among PRAVEX-BANK clients and among employees of points of sale. PRAVEX-BANK constantly trains cashiers, explains comfort and advantages of payment receipts by plastic cards in comparison with the cash settlement. It is to be noted that Bank is developing its acquiring network not only in terms of quantity but also in terms of quality. In the places where PRAVEX-BANK terminals are located there is only the very modern equipment produced by one of the leading producers of terminal equipment and able to accept chip-cards.

Acquiring service of PRAVEX-BANK allows clients, having no cash, pay for purchases by plastic card that is very comfortable, reliable and secure.

"Results obtained by Bank in 2007, permit to forecast that in total turnover in acquiring network in 2008 will exceed UAH 150 m." — by Yuriy KHAYEV, head of department on plastic cards department of PRAVEX-BANK.

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