As contactless also becomes popular, the number of contactless cards jumped last year by 44%, to 4 million.

Monday, February 25, 2019
As contactless also becomes popular, the number of contactless cards jumped last year by 44%, to 4 million.

As contactless also becomes popular, the number of contactless cards jumped last year by 44%, to 4 million. Today almost 80% of point of sale terminals allow contactless transactions. Starting April 12, Mastercard increases the limit of contactless payments on cards without a PIN code to UAH 500, or $18.50, up from the current level of UAH100. Mastercard accounts for 70% of purchases by card in Ukraine.

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Euromoney Magazine speculates in a lengthy article about PrivatBank and Ukraine’s presidential elections

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A $500 million windfall in duty payments on illegally imported cars will help fund an election month bonus for the nation’s 10 million pensioners.

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