OREANDA-NEWS. August 24, 2012. More than 500 thousand people in Ukraine including 311 thousand PrivatBank’s clients (and more than 189 thousand cardholders of other banks) pay for purchases via PrivatBank’s POS-terminals. As the bank's press service reported, the turnover in the terminal network amounts UAH50 million per day.

"Today, making card payment at a POS-terminal of the bank takes no more than 30 seconds. We have expanded the terminal network by 30% since the beginning of the year and upgraded it with the up-to-date devices, – says Roman Neginsky, the PrivatBank Head of sales-companies' servicing. - Our terminals accept not only ordinary plastic cards but also contactless PayPass cards; making a payment with such cards takes a customer about just 5 to 10 seconds."

Bankers note that the security of payments by bank cards via terminals or in retail outlets of PrivatBank is as high as absolutely possible for today. Special monitoring programs have been implemented by the Bank allowing an efficient monitoring and preventing of any fraudulent operations with cards.

“If the monitoring system makes the Bank doubt in the legality of a transaction, for example, when quite an expensive purchase is paid by a card of a foreign bank, the Bank may ask the client for additional identification or receiving the confirmation from the card issuing bank,” - says Roman Neginsky. – “This case the operation certainly takes more time, but it guarantees the safety for customer’s money."

For example, in late June in Zaporozhye city skimmers, paying with counterfeit U.S. cards in trading network, were tracked down and detained by the bank’s officers thanks to such security system of the bank. Material damage of cardholders, prevented by the bank’s employees, amounted to more than USD20 thousand.

PrivatBank is the largest Ukrianian bank and a leader of the national retail banking. The bank serves more than 16.8 million accounts of individuals, 220 thousand corporate clients and 319 thousand entrepreneurs. The bank’s network includes 3,394 branches and offices, 7,946 ATMs, 4,726 self-service terminals and 55,366 POS-terminals.