EconomyFinance

Ukrposhta will have installed 7,500 point of sale terminals by the end of next month,

Thursday, June 17, 2021

said the state postal company. This will make Ukrposhta the fifth largest user of POS terminals in Ukraine. In addition to bringing cashless payments to small towns in Ukraine, the POS terminals allow cardholders to withdraw up to UAH 15,000 ($554) in cash from their postal banking accounts.

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Ukrposhta sees its expansion into postal banking as a key to democratizing finance in Ukraine.

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Nova Poshta has opened three more regional terminals, each capable of processing 120 parcels a minute.

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